For weekly pivot and H3. tight stop. unnder pivot it is holdinng
to coming monthly pivot. it would make sense to test this first and reject for a clear road to a retracement in the low 20k area (yearly pivot untested. ) if short from higher keep it or defended profit. if attempting long here beware of this 4hour death cross and use stoploss lower than L4
This trade would look much better if the weekly and daily Pivots (purple and white lines) were first reclaimed
Camarilla+cpr daily and weekly levels. tight stop on daily H4. wide stop on weekly H4
Levels on the chart. weekly levels. camarilla pivots + cpr
weekly camarilla + cpr. Stop at L4. or just under L3 for tight stop
Camarilla + cpr. stop at weekly L4 or daily L4 for tight stop
camarilla + cpr. Stop around H4. target next daily Pivot and weekly/daily coming L3
I only took 3 rules into plotting these two out based on how history of PA and pivots usually goes and they are that Yearly Pivot WILL get tested. as it has for a decade Monthly pivot coming up will act as a magnet and pull price to it either before or after a fall (as it does 96% of the time) That the bull run has more continuation (because sure why not)
I posted a short continuation play earlier and it takes into consideration this path so I would be remiss for not mentioning it as it still falls within the parameters. tight stop between L3 and L4. no further than L4. Target no greedier than H3 or pivot if it plays out
if it breaks l4. target l5 stop at l3 if it rejects pivot/h3 on a bounce.. short for l3-5 if it breaks h4... see first step and do opposite
Pivot / Daily H3 or Weekly H3. with the target of Daily and Weekly Pivots (purple lines). Daily H4 for tight stop. Weekly H4 for wide stop. Camarilla + CPR
Pivot / Daily H3 to L3 or Weekly and daily Pivots (purple untested lines). Daily H4 for tight stop. Weekly H4 for wide stop. Camarilla + CPR
Pivot/ Daily H3 to L3 or Weekly H3 to L3. Daily H4 for tight stop. Weekly H4 for wide stop. Camarilla + CPR
purple pivot lines. get hit in the near future. next 24 hours. short scalp to them. buy the dip if they hold. lets see if we get all 6