Intraweek
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.
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
usdcad shortHi everyone
here we have the usdcad h1 tf a break to the downside where price failed to break the previous swing high and broke through the support with momentum i notice a few key levels of s/r from the past few days and charted them in green price broke below the 1.2670 lvl and retests it as resistance i enter the market short as price continues down i have three price targets first tp is around the 1.2640 area and lastly second tp around 1.2590 and finally 1.2520 area check the chart for a visual as of now I'm short with a stop at 1.26958. Let me know your thoughts below!
Btc bitcoin long set upsusing camarilla pivots and tight stops for good risk reward ratios. you want your tight stop to be on daily l4. and loose stop on weekly l4 or under weekly pivots. targets are daily and weekly H3 to H6 levels. can scatter your take profits and split your stop loss if ot works for you
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
GBPAUD Short Intraweek SetUp Update + Scaled In Position Following my prev GA analysis shared here on the TradingView community. Im scaling in a position in the current LOW into the monthly lows 1.74500-74000. Beautiful trade setup with a stoked RR. If you haven't seen my previous GA analysis I urge you to take a look,! PEeace