Although it should be mentioned the weekly closes soon and it will bring possibly a change of price action. the current levels and call to actions for the daily are here. could short H3 (stop at H4) targets L3 (and see if beyond) alternatively you could do the same on L3 if you already did could consider what to do soon before new york opens. and...
A general explanation of the pivots on camarilla pivots which is an advanced subsystem of standard pivot points.... except it is much more relevant, more often in play, and has a trading system with plays and setups behind them. Here are the general summary of what these levels mean. Research into them could reveal how trades are optimally made with the cam pivots...
Entry around here at H3. stopLOSSAT H4. If h4 is broken and retested and held then the breaout target would be H5/6 with stoploss at H3. Camarilla pivots monthly levels. and the CPR
IF 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
Target L3/Pivot. Stop loss around H4. Camarilla pivots monthly levels + CPR However if it breaks the H4 and retests it as support. Potential this becomes a long to H5 with stop on H3 instead. Howecer the price is far over mean and monthly magnet pivot is untested
intra month trade. stop halfway between h3 and h4. target P or L3
likely hits that purple line this month.
That is a steep retracement even if it only makes it to upper channel. this would be the projected monthly reversal region. could manage risk with the H4 level. Target it the purple Pivot point
its magnet has arrived. maybe use weekly h4 as risk management. either short to the new Pivot or buy when it gets there
Target 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...
Entry around H3. Stop loss around H4. target L3 and Pivot and maybe lower. Monthly pivot coming in a few thousand lower. If price does not take out the H4 by monthly close it will much more likely play out.
Weekly 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 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 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...
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...
Weekly 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...
That is a deep weekly pivot forming. And those usually always get tested and pull price action right back to them once they are. It could still rise in this last day of price action before the weekly close. However it will just mean retrace from a bit higher. You could manage such a trade with averaging short entry up in increase quantities until the reversion...
Short 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...