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Monthlylevels

GBPAUD I Previous break of resistance and return to structureWelcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
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by BKTradingAcademy
21
BTC camarilla monthly pivotsSomething interesting to see. compare this month camarilla monthly pivots to last months. also look at the oscillation and divergences. Last month price opened in the middle, went to L3 with bear divergence and then went to H3. So far this month it is doing the exact same thing. What does it mean? it means I would not worry until that L4 is taken out for more doom targets and would not rule out a move to H3 and the possibility that the projected monthly range is respected.
by Gunslinger2005
BTC near future retrace and upBTC has a newly monthy pivot coming in at around 44.5. every monthly pivot has been tested on bitcoin the last 60 or more pivots excluding only two. This is also the camarilla L3 and weekly pivot region. so it is possible it happens prior to monthly close. it might pop a little more and raise where the retaces comes in at to our current level now also. however my oscillation setup says a correction or range likely. primarily on daily following that retest. if and only if it holds after being tested. we might see it reach around 57 to 58k which is our camarilla H3 yearly level. notice we are coming from the yearly L3 which would make this the logical target. I will provide links to that one below. stay patient and remember the bigger picture. This analysis was done using camarilla pivot points monthly levels with yearly levels in mind
by Gunslinger2005
Major Pairs Key Levels: Nov.22 - Nov.26Hi everyone, Hope you have enjoyed the weekend. Every week, I mark weekly levels for each currency pair to see how price reacts to them. As you see in the charts, I have marked the last Week's and Last Month’s Highs and Lows for the 6 major pairs (actually they are 7 but there was no room for NZADUSD, but you can do that one by yourself as a practice) Why are these levels important to us? Because they are kind of support and resistance levels and when price approaches to them, any breakout or rejection on these levels is very important: (Lows act like support and Highs act like resistance). So, take a note for yourself and apply them on your chart to have an efficient setup for key levels. Mn : Monthly (Red Lines) , W: Weekly (Yellow Lines)
by Mahtab_Tradia
4
Major Pairs Key Levels (Nov.1 - Nov.5)Hi everyone, Hope you have enjoyed the weekend. Every week, I mark weekly levels for each currency pair to see how price reacts to them. Actually, since we are starting the new month, I have marked the new Monthly Levels either. As you see in the charts, I have marked the last Week's and Last Month’s Highs and Lows for the 6 major pairs (actually they are 7 but there was no room for NZADUSD, but you can do that one by yourself as a practice) Why are these levels important to us? Because they are kind of support and resistance levels and when price approaches to them, any breakout or rejection on these levels is very important: (Lows act like support and Highs act like resistance). So, take a note for yourself and apply them on your chart to have an efficient setup for key levels. Mn : Monthly (Red Lines) , W: Weekly (Yellow Lines) In some charts, the Monthly and Weekly Levels are the same (Yellow Colour).
by Mahtab_Tradia
10
Potential reversal area on btc. It is a "potential" reversal point. So keep an eye on it. the monthly L3 with a stop loss maybe halfway between the L3 and L4. daily is oversold. Fear is high. I am not sure how many shorts are stacked but the market has gotten pretty bearish. So keep an eye on this level Also I notice the cpr (purple lines) are quite wide which indicates ranging behavior. It has been ranging so that could maybe be ruled out. Also we have not officially tested the H3 level and generally the first level 3 visited tends to be reversal. However we did visit the central pivot area so that is possible to be counted as a visit as it is resistance. So it is not the strongest argument for a long. However it is possible to see it happen from that L3 level or around it
by Gunslinger2005
4