Gunslinger2005

weekly pivot retracement bounce

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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
I think we will perhaps see technical bounce to at least the developing pivot as we always do with new weekly pivots. however with one half day of price action remaining it could be brought down lower or up higher before that magnet is set in stone. So if you are playing the bounce from here you could use daily camarilla l4 as stop loss as we are currently at the l3 which is,projected range low. or alternatively you could use dca in small incriments until that developed pivot is locked in or bounce has initiated. As always pay attention to money managment and be careful. I am looking at camarilla pivots weekly and daily levels. If bounce does,work out you might secure some profits at daily h3 in the 50.8 or so area. and then developing weekly. 51.5 to 52 as it is currently and then see how it goes from there.

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