weekly long swing setupgenerally untested pivots on daily weekly and monthly get tested and on camarilla pivots generally the first move in new,levels to h3 or l3 are a fakeout and will at e very least the opposing range side. in camarilla pivots the h and l 3 levels represent prejected range top and bottom based on previous high low and open close for the levels being used. in this chart both the daily and weekly levels are shown. The level 4 represent breakout levels or stop loss levels and in this particular chart is the long stop loss area. Targets minimum are we test new central pivot range around 48 to 50 and then see about h3 to h6
Reversion
weekly pivot retracement bounceI think we will perhaps see technical bounce to at least the developing pivot as we always do with new weekly pivots. however with one half day of price action remaining it could be brought down lower or up higher before that magnet is set in stone. So if you are playing the bounce from here you could use daily camarilla l4 as stop loss as we are currently at the l3 which is,projected range low. or alternatively you could use dca in small incriments until that developed pivot is locked in or bounce has initiated. As always pay attention to money managment and be careful. I am looking at camarilla pivots weekly and daily levels. If bounce does,work out you might secure some profits at daily h3 in the 50.8 or so area. and then developing weekly. 51.5 to 52 as it is currently and then see how it goes from there.
Short BTCUSD with macro tailwinds and stretched technicalsMomentum/Volume drying up similar to mid 2019 environment with extremely stretched technicals. Macro environment (rising rates & inflationary expectations) also stacked against stretched (especially levered) assets. DeFi growth/institutional adoption will keep happening, but BTCUSD will likely enter a multi-year correction / consolidation period.
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
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
FTM weekly swing scalp reversiontes ago
Camarilla pivots and CPR on weekly levels. It will likely test the developing purple pivot around weekly close. Because carful if targeting there instead of simply selling because todays price action could alter it to retrace from lower point. average in method might be safer. Also if bearish can wait for weekly close and sell when it tests the new weekly pivot as it likely will.
Luna swng short or buy spotCamarilla pivots and CPR on weekly levels. It will likely test the developing purple pivot around weekly close. Because carful if targeting there instead of simply buying because todays price action could alter it to retrace from higher point. average in method might be safer. Also if bullish can wait for weekly close and buy when it tests the new weekly pivot as it likely will.