BTC how to trade potential reversal or continuation
If 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.
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.
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