Scalp
theta continuation conreection short scalp/swing monthly pivotWeekly 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
BTC INTRADAY long and short scalp setup with potential for swingShort H3 target L3 (or deeper if brave) stop losse H4
or
Long L3 target H3 (or more if brave) stop loss L4
Notes ; will likely be the first one visited that is the range reversal. Also Monthly close has a pivot developing 2k lower than this price point currently. and the developing weekly is around the L3 target. I expect all those pivots to at least get tested once formed. Which order though I cannot say for sure
AUDUSD WEEKLY OUTLOOK 3/28 - 4/2AUDUSD IS AT AN INTERESTING WITH GOOD RANGE TO BOTH THE UPSIDE AND DOWNSIDE. THE PREVIOUS 2 DAILY CANDLESTICKS INDICATE A POSSIBLE REVERSAL HAPPENING AND AUDUSD GOING LONG. IF SO, I HAVE TARGETS AT 0.77400 WHICH IS ABOUT 120 PIPS FROM WHERE PRICE IS CURRENTLY. TYPICALLY MY STOP LOSS RANGES FROM 10-20 PIPS ON THIS PAIR. THIS WILL LEAVE ME WITH ABOUT A 1:8 RISK TO REWARD RATIO. ON THE CONTRARY, IF PRICE PUSHES TO THE DOWNSIDE, I HAVE TARGETS SET AT 0.75200. THIS IS ABOUT 100 PIPS FROM CURRENT PRICE. IN ADDITION, WE HAVE A TRIPLE WICK (CIRCLED IN CHART) THAT HAS OCCURRED REPEATEDLY TO THE DOWNSIDE, REJECTED, AND PUSHED PRICE UP. I WOULD LIKE TO SEE A BULLISH AUDUSD NEXT WEEK, BUT WE WILL SEE WHAT THE MARKET HAS IN STORE.
Week 11: ZSK2021 Bull last pushThis week, especially today (Monday), is a good day to scalp until the price reaches $14.40 area.
Personally I will wait to sell once the price is at Seller area as I am aiming to have a good swing trade.
Here is my setup:
Sell Pending Order at $1440
Stop Loss at $1464
Take Profit at $1322
RRR = 4.87R
Let me know if you have a different idea, we can discuss it in the comment area below.
Have a good trading day ahead.
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.
PLTR Downtrend reversal, awaiting confirmationPotential swing trades & scalp plays coming soon for PLTR.
Potential scalp for XAU/USD retracement?Once again, glad to say the previous analysis played out according to expectations! XAU/USD is still very much in a bearish market structure, with next major stop at 1570 for swing traders. For intraday/scalp traders there is a potential for an upward movement with take profit at 1740. However, it may be a good idea to keep an eye out on the 1723 level. What are everyone's thoughts?