What is camarilla pivot points? Back to list

Member SinceMar 07, 2022

Posts 263

Agaricy96

Oct 17, 2022 a 12:38
A change in market sentiment and the overall trend is defined by the Camarilla Pivot Points. It takes into account the high, low, and closing prices between trading days.

Camarilla, like any other type of pivot point, was traditionally used for equity and futures exchanges. It is now used in the forex, cryptocurrency, and other markets. Camarilla is frequently used to determine potential levels of support and resistance.

Camarilla Pivot Points have four support and resistance levels. Camarilla's calculation is completed using several derivative formulas. The Camarilla for the current day is calculated using the previous day's prices.

Add Comment

Add your comment