Get started

Camarilla Pivot Points

BTC update and next possible setupsbitcoin found support on the weekly L3 Camarilla pivot and has made its way to the weekly H3. these two levels represent the weekly projected range points that were plotted on weekly open usin prior weekly open close, high and low. from here there are two potential setups. Analysis done with camarilla pivot points weekly levels If you are long from L3. take partial profits and move stoploss to entry and wait for more. if you want to short look for rejection on H3 and set stop loss on H4. Target L3 and possibly lower. If you want to long and have not entered wait for clean break of H4 and target H5 and above with stoploss at H3. Either way this is our first point of potential resistance and it could cool off reguardless
by Gunslinger2005
BTC how to trade potential reversal or continuationIf you missed previous entry on monthly camarilla pivot levels I posted. there may be a secobd chance to enter market with decent risk management. lower time frame linear regression channels are in downtrend but as you can see daily is not. and I always trust linear regression channels and cam pivots more than hand drawn channels and trendlines. so here is a potential setup on weekly levels Entry on test of L3. targets H3. H4. H5. H6. Stop loss L4 IF L3 is not tested. wait for H4 break and 12hour or daily close above. target H5 and H6 with stoploss at H3.
by Gunslinger2005
4
Bearish Bias for EURUSD with big pullbackEurusd hit liquidity block and 1.13 is likely to be reversal level for this move. Most likely it will crawl up to cover the newly formed inefficiency before the bearish trend will contoniue to years S1 pivot / TD projection. Price might well end this year at Quarterly Camarilla L5 (S5) - I havent plotted thatbut it is inside of liquidity block. Watch even round number levels - they tend to have more efficacy that odd round numbers. This analysis area based on teachings of Chris Lori and Tom DeMark. FOR EDUCATIONAL PURPOSES ONLY!
Short
by ICFX
BTC bitcoin may have one more downswingI believe it might go to 57k. but from where is harder to guage. could manage risk at the weekly H4. With optimal entry at H3 area The reason I believe it will go to 57k is because that is the new monthly central pivot point area. And over the last 4 years or more... only TWO months did not see price test the monthly pivots. However if the Weekly h4 is broken on a daily close. I think it may reverse to this point from around 67k instead. Be careful here reguardless of what you do
by Gunslinger2005
1