Camarilla daily and weekly levels would agree to the setup. Use daily or weekly L4 or weekly Pivot as stoploss to manage risk on. target H3 and maybe beyond
Perhaps from that trendline or the weekly L3 level. developing weekly pivot is right where we are now. so barring some black swan I do not think it will go too far against you. Stop at L4 target H4-H5-H6
Camarilla pivots methods. Stop loss on the H3. Targets H5-H6
Lose H3 to trigger short. (target L3/pivot SL H4) Break H4 to trigger long. (target H5+H6 SL H3)
Break H4 to trigger long. Lose H3 to trigger short. It should be said I favor the long on more macro targets and timeframe
camarilla+cpr. stop halfways between h4 and h5 target l3/pivot
can put stop right above h3 or at h4. camarilla + cpr.
Camarilla pivots. + cpr. You could put stop tight just beyond H3. wide at H4
Targets possibly the weekly H3 and/or beyond. many different stop loss points. for tighter stops can go just below the hourly trendline/regression bottom level. for patience and use daily L4 on levels are confirmed nd on chart
If it plays out from daily H3 levels. it would look like a H&S after. Stop loss can be H4. if broken. wait to enter when weekly closes around developing weekly H3.
Stoploss at L4. Target H3 and maybe beyond. or Pivot purple levels if rejected there
When is link not bullish right? Anyway with its current posture it looks like it might go down a couple or few bucks before moving. Some confirmation for bullish momentum would be regaining that L3 and/or P(pivot) purple levels. above those it will have more bullish movement. Targets 28-29 or H4-H5-H6 on daily and weekly levels
Weekly pivot retrace. could be from here. or also new price action prior to weekly close could raise or lower that target and entry level. so keep your eyes open
The weekly pivot like the monthly pivot once plotted has a high frequency of being tested. Even if that is a flash crash to the level. Currently, that retrace sitting at around the 37k at this moment. So a couple things could happen We start correcting early today and tomorrow. This is more bearish because the level is not locked in and the developing weekly...
These are the yearly pivots and CPR on gold. levels plotted at the start of the year. For over 2 decades nearly gold has generally hit its new yearly pivot in Q1 (if not then... at some point anyway) It seems as though since it is testing the new yearly pivot from above. that falls in line with some of the greatest run ups gold has ever had. Just food for thought
that 1.28 will be important to hold for continuation. intraday levels only