4:1 Trade for $BTCUSD
Updated
This is a classic setup using Camarilla pivots. Year CAM R3 backtest after hitting R4. The target is always another retest of R4.
Comment
This is stalling somewhat on the Year Pivot. Notice the big floor of price at the 38.2% retracement level and once that was broken price melted down rapidly. I think BTC can at least retrace here and tag the underside of that same 38.2% FIB level near 9530. It may go no higher than that so it is a good place to take * some * profit.
Comment
BTC finally got the Year CAM R3 target here.Looks like a potential inverted H/S long.
Comment
Sorry no inverse H/S, was looking at the wrong chart.Comment
Comment
Classic. 9530 first target reached... that was fast. Will it co to he back to Year R4?Comment
continue*
Find the edge.
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Website: daily-edge.com
Twitter: twitter.com/dailyEdgeGroup
Youtube: youtube.com/c/TheDailyEdgeTradingGroup
Telegram: t.me/mortdiggiddy
Paypal: paypal.me/mortdiggiddy
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