notice the monthly pivot "next pivot" coming in at 37k. It is likely price tests the next monthly pivot. how likely? the last 54 of 56 (at least) monthly pivots have had price reversions to.
it could come in at a higher point and retrace from higher with this last day of price action though. which could get bullish and raise it up. or it could get lowered. point being... no need to rush into a long position. wait for a proper retrace.
using camarilla pivots and CPR
it could come in at a higher point and retrace from higher with this last day of price action though. which could get bullish and raise it up. or it could get lowered. point being... no need to rush into a long position. wait for a proper retrace.
using camarilla pivots and CPR