Gunslinger2005

Gunslinger2005

camarilla + cpr. incoming weekly pivot will be in the mid to upper 14k area

Gunslinger2005

camarilla and cpr. unless we make new highs this very weekend. this coming pivot at 14.9 very likely happens. just because they almost always happen. and the market is overly bullish.

Gunslinger2005

Stop around H4. Target L3. camarilla + cpr

Gunslinger2005

camarilla cpr on monthly. channel in linea regression

Gunslinger2005

lets observe this daily chart with some indicators of the last year and see the reaction. some things to point out to support the argument first the pivot. purple lines. CPR (central pivot range) every single one has been tested. the next one is coming in around mid 12ks next is a reversal indicator similar to TD sequential but more accurate because it counts...

Gunslinger2005

incoming monthly pivot. possible it hits lower entry prior on intraday

Gunslinger2005

camarilla + cpr

Gunslinger2005 Updated 

yfi monthly pivot coming. pretty high up. usually gets tested. tight stops or ladder for swing

Gunslinger2005

while it has some nice buy set ups. it is currently facing resistance. and is in a very tight trendline and pivot range. If it falls to the down side it will possibly test lows or make new ones. if it breaks out it could go far. tight stops either way

Gunslinger2005

bear in mind there is still a day or two for that coming pivot to change. if it keeps going down so will the coming pivot bear in mind... that these alt pivot swings upward. are contradictory to a bitcoin pivot downward. so with that in mind. the question is. after the monthly close. does btc play some upside maybe to new monthly H3 while alts hit their pivots....

Gunslinger2005

reversal indicators triggering. exhaustion. over extended. monthly pivot coming in lower. If monthly closes with no new highs then mid 12k very high probabilities gets hit at least. Then find out if it holds

Gunslinger2005

camarilla + cpr

Gunslinger2005

camarilla + cpr. two targets. pivot is more conservative

Gunslinger2005

monthly camarilla + cpr

Gunslinger2005

this trade playing out opens up monthly cam targets as low as 10.1 or beyond if it breaks the L3. id let the 4hour close under the H3 first though.

Gunslinger2005

either long or short. can use tight stops here. recommend H4/L4

Gunslinger2005

camarilla + cpr

Gunslinger2005

since range is mature. if you are looking for a place to put stops you could use this daily H4 or L4 camarilla levels. just be aware of potential hunts. but the H4/L4 would be stoploss areas with the 5/6 being the break targets for intraday