useful in automated Forex trading as they can be used to set the stop-loss and take-profit points. Scenario 3, open price is between L3 and.
Camarilla Trading Strategy Trading stocks with Camarilla pivots
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L3.275 H-L l4.55 H-L how to use Camarilla Pivot Points in Trading? For Short Sell, wait for the price to go above H3 and then when the price moves back below H3, sell. Camarilla pivot points use a complicated method of calculation to display a set of eight levels of support and resistance and no middle pivot point. Case 2: Open price is between H3 and. Wait for the price to go above L3 and then when it moves back above L3 again go long.
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