BTC bitcoin. D/W/M Camarilla pivotsA general explanation of the pivots on camarilla pivots which is an advanced subsystem of standard pivot points.... except it is much more relevant, more often in play, and has a trading system with plays and setups behind them. Here are the general summary of what these levels mean. Research into them could reveal how trades are optimally made with the cam pivots trading methods. The levels are plotted using the previous timeframes of whichever timeframe you are on. Trades are meant to be traded within their timeframes. intraday / week (swing)/ month
CPR
CTK monthly pivots trades setupsIF it comes and finds support on the H4 level H5 would be breakout target. If it losses the H3 then P and L3 at least would be target. Stops for long would be on H3 after H4 retest. or H4 for short after H3 is lost
BTC bitcoin short. mothly close pivot reversionTarget is the incoming pivot and L3 you see on chart. Keep in mind this last day of price action could adjust those incoming levels to come in both lower or higher the the monthly close. However that will only mean the retrace comes from a highe point. Easy to avoid risk by average cost entry up small to large. Or if bullish you ought to wait until the monthly pivot magnet hits to enter a long. Places where you could manage risk are the monthly H4 on chart. or also the daily/weekly H4 areas. at around 60300.
it is worth noting that btc has retrace to its newly developed pivot when price opens away from the current price or just prior to its close the last 37 out of 39 monthls. Cant really argue with those backtest stats. You could look into that yourself if curious
theta continuation conreection short scalp/swing monthly pivotWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
ankr weekly short swing scalpWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
Storj short swing monthy and weekly reversionWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
xem potential long swing monthly pivot developing higher and weekly developing lower. Of course it could rise or go lower prior to their closing time. However they will lmost always revert to that far untested pivot following. One could short the rip upon testing it or long swing to it with a DCA in case it drops more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly h3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
Sand short swing. monthly and weekly reversionWeekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or weekly/monthly L3 comes in after this next weekly and monthly close on their respective levels.
Using camarilla pivots + cpr magnet reversion method. Weekly/monthly levels
storj weekly pivot reversion short swingThat is a deep weekly pivot forming. And those usually always get tested and pull price action right back to them once they are. It could still rise in this last day of price action before the weekly close. However it will just mean retrace from a bit higher. You could manage such a trade with averaging short entry up in increase quantities until the reversion starts. or you can simply use this as indication to be patient and do not fomo into this at the current time.
BTC INTRADAY long and short scalp setup with potential for swingShort H3 target L3 (or deeper if brave) stop losse H4
or
Long L3 target H3 (or more if brave) stop loss L4
Notes ; will likely be the first one visited that is the range reversal. Also Monthly close has a pivot developing 2k lower than this price point currently. and the developing weekly is around the L3 target. I expect all those pivots to at least get tested once formed. Which order though I cannot say for sure
BTC bitcoin potential short term movesI think It might possibly play out with a strike of H5 which is the intraday targets that normally get hit after the H4 has already been broke.
then it is possible it does the same thing in reverse for the weekly levels on the down side. Would synce up with linear regression channels.
If you are intraday long your stop would probably be H3. if you are intraweek short you would probably use eithe rthe weekly H4 / Pivot range. or the coming daily H4 targets for the daily or weekly levels are both on the 5 or 6 side
BTC bitcoin reversal and breakout pointsdid it quickly on mobile. be careful of reversals intraday and intraweek at the H3 spots. the targets for those are L3 or lower with stops at H4. the breakout points are,the daily and,weekly H4 break and retests. with stops at H3. targets H5 and H6. camarilla,pivots and the,CPR