I put the call to actions on the chart. Using a combination of daily and weekly camarilla pivots and the cpr central pivot range. Wide cpr says that a ranging day is more possible than not as the lower timeframes are oversold reguardless the stop loss levels are pretty nearby so if it broke up the stoploss is tight. Breakdown levels also provided
Looking a little sketchy on weekly cam pivots with regression channel. could swing either way just be prepared
As you can see we found support on current weekly pivot and are consolidating between the daily cpr purple lines and the projected range high h3. this is a tight zone and daily range is narrow. not really worth it. however upon breaking daily h4 or weekly h4 we could see h5 and 6 on daily levels or weekly h5. upon losing daily l4 we could see daily l5 and l6. IF...
with the development of incoming higher monthly pivot and cpr ahead which gets reversion 42 of the last 44 months.... at least. I think it is safe to say there will be a reversion bounce up to at least test it. However those points are not set in stone until monthly close. if I had to pick a place from where the bounce happened. I would say the new weekly L3 or...
we got a test of new pivot on weekly levels as we normally do when opening far from it. the question is do we visit anticipated range of L3 or H3 first. very often the first one visited is a fakeout and ranges to other side lets see.
generally untested pivots on daily weekly and monthly get tested and on camarilla pivots generally the first move in new,levels to h3 or l3 are a fakeout and will at e very least the opposing range side. in camarilla pivots the h and l 3 levels represent prejected range top and bottom based on previous high low and open close for the levels being used. in this...
be on alert for one of the following. new pivot likely gets struck
there is still a day or so to make a stab at 3k. however even if it does the monthly close will leave a several hundred dollar lower developed pivot which historically btc and eth love hitting after closures. It is also worth noting that the developing pivot range is wide. indicating potentially a ranging territory for the next monthly levels. all and all maybe...
it could go a bit higher. but expect at least a couple thousand flash down move to new daily pivot coming in next few hours. if not shorting that may be the place to buy the dip
I think we will perhaps see technical bounce to at least the developing pivot as we always do with new weekly pivots. however with one half day of price action remaining it could be brought down lower or up higher before that magnet is set in stone. So if you are playing the bounce from here you could use daily camarilla l4 as stop loss as we are currently at the...
stop loss at L4 target H3 and above. So far looks like it has bounced off L3 and retaken the pivot. tight stop could be below L3
Rationale: 1) VWAP above ATP yesterday 2) CPR pivots above yesterday's CPR 3) Market opened flat and slightly positive Tracking on multiple timeframes Intra day Entry points - There are 2 possible entry today Go Long 1) Above H4 Camarilla at 14734 , SL at H3 If market corrects mid day 2) Buy at yesterday's ATP for target at H3. Keep tight SL. I dont...
daily pivot magnet reversion at l3 camarilla reversal zone stop above H4.
monthly h3 to weekly untested pivot. is what i think. stop at h4
reached can daily H3 and soon weekly maybe. short until pivot test or potentially L3 with tight stop at daily h4 or wide stop at weekly. pivot or cpr purple levels likely to get tested
I use this very wild looking layout for swing entry on pivots and such. I highlighted some local previous areas and the behavior that was confluent on them. It looks like a down swing may be in the wind. Yet the overall picture shown is also tightening. Perhaps a bigger move also coming.
entry on daily H3 Camarilla pivot. target developing weekly central pivot level. stop at daily H4 or above developing H3 for weekly levels if only bullish can wait for retrace and enter on the pivot retracment
Camarilla pivots. Entry H3 Stop loss H4. Target L3 and beyond. If L4 gets broken we should easily reach L5