If given L3 entry. take it with a stop at L4. Target H3/5/6 If H4 or L4 broken. Set stop at same sides 3. and target the breakout 5/6 for that specific side. But phoey on that. Lets go for longs
a second test of golds new yearly pivot has happened and price has bounced from it. While this is good it will be better if we see following week or price action to clear this top purple pivot. TC of the CPR on yearly time frame.
like others. and my recent btc pivot warning. this incoming level can change with new price action prior to Sunday close. tight stop at H4 on chart. and reevaluate on entering on incoming H3 once they are plotted Monday (if we pump just before weekly close) re entry very viable also as there will still be a pivot retrace of this much or more IF you are only...
So if price makes no new higher prices by sundays close. there will be a very high % chance that we strike this purple line "next pivot" a few thousand lower. generally, this point on daily weekly monthly get tested like magnets over 90% of the time. Either way. if price drops by Sunday close. this purple incoming line drops with it to a certain point. If we...
stoploss H4. target L3 (or beyond) camarilla and cpr
Camarilla intraday levels. + the cpr central pivot range
Will test the pivot. and will visit and likely reject the first 3. no matter we visit H3 or L3. first one of those we go to will be a lie. especially if it leaves purple line untouched
Careful there. this very likely bounces fiercly
target goblin town. stoploss Mount doom. This has been a joke chart and trade.. sort of. hope you enjoyed
It is Testing its new weekly pivot as a magnet. nothing out of the ordinary. always happens. IF it bounce off these purples levels. It will be officially trending above weekly CPR levels for a second week. Good accumulation points disguised as bearishness. can put on tight stop. give it a go
Stop on H3. targets H5/6 Camarilla + cpr
camarilla + cpr methods. stop at h4. target l3 modest. L5 if lucky.. intraday levels
Camarilla and cpr logic. I would say for a proper squeeze we hit 41/42k for a fierce one we test 36k for a brutal one we hit the untested yearly pivot at 20.5k. Either way. We will have a lot os blue sky after the pain. I had hoped to see 50k first. and we may still. stop loss at H4 or lower if that is too high
Long target H5/H6 stop loss L4. camarilla + cpr
If L3/P bounces. Long with target of H3 and higher and stop loss at L4 If L4 is lost. short with target of L5 and stop loss at L3
intraday camarilla+cpr stoploss H3 targets H5/6