The Camarilla pivots, are based on highest , lowest prices, and open & close price of market.
In this case, btc, Lowest price( 2.00) and highest price(20000.00) of geral charts of prices btc, and closing & opening, im baseading in last month, JUNE, that are>>> Open=>> 7490.00 Close=>> 6380.00 (monthly candles) with resultings, in black lines support, ...
USDJPY 4H chart
Price is below 14 EMA, so we observe downtrend in price action. In this case by breaking the trendline below, we can see price movement towards the monthly pivot of October.
There is even a missed weekly pivot at 110.090 for second TP
But be careful. The daily chart is above the 14 EMA and needs to cross to reach the monthly pivot.
USDCAD 4H chart:
Price is retesting the 14 EMA-line and will be interesting to stay tuned. or price moves up again, or will break the 14 EMA down.
If it breaks the trendline it will fall down with the intention to mark the monthly pivot.
TP is monthly pivot of October at 1.235
EURGBP 4H chart:
Price crossed the 14 EMA-line and is now doing a retest.
We can choose either for waiting to cross the trendline before entering a buy or placing a buy-stop above the first full candle above the 14 EMA.
TP is monthly pivot of October at 0.893
Be carefull, the daily chart is still in a downtrend.
Still waiting on a BOOM up
A monthly pivot can be a very strong magnet when it appears as missed during it´s period
Wait for a candle above the 14 EMA.
Because of these high speed movements, maybe see the 4 hours chart also to get in at a good place.
Almost all the cryptocurrencies have touched there Monthly pivot of August, but Gridcoin Research not.
The month is getting on its end, and needs to close with a clean chart.
We hope to see a bullish move during the next 5 days.
waiting for confirmation of break of the current monthly trendline support, after that a good move to the downside to price 1.28256, that support will be tested for a further break to create the new lower low in the monthly perspective.
There is a clear head and shoulders pattern complete on the monthly chart for cable. Instead of shorting the pair immediately, I'd rather sell it from the 1.6 area to create a higher R/R and minimize risk. If we see a monthly pinbar for August I will be buying the pair up to this level on the 1-4 hour TF. There's an overage of pessimism surrounding the GBP at ...
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