Camarilla Point Calculator
Recommendation
Support Levels
S1:
S2:
S3:
S3:
Resistance Levels
R1:
R2:
R3:
R3:
How To Trade with Camarilla Points: A Simplified Guide
Identifying Price Position:
Market Open: After the market opens (typically around 9:15 AM IST), observe the Open Price.
Analyzing Price Level:
Open Price Above Support 3 but Below Resistance 3:
Wait for price to go below S3 and when it move back above S3 Then
Go Long at / above S3 .
Target is R1 - R2 - R3 .
Exit (Short): Sell if the price falls below S4 (stop-loss).
Wait for price to go above R3 and when it move back Below R3 Then
Go Short at / below R3 .
Target is S1 - S2 - S3 .
Exit (Buy): Buy if the price falls above R4 (stop-loss).
Open Price Above Resistance 3 but Below Resistance 4:
Go Long at / above R4 .
Target is 0.5% - 1% - 1.5% .
Exit (Short): Sell if the price falls below R3 (stop-loss).
Go Short at / below R3 .
Target is S1 - S2 - S3 .
Exit (Buy): Buy if the price falls above R4 (stop-loss).
Open Price Above Support 4 but Below Support 3:
Go Long at / above S3 .
Target is R1 - R2 - R3.
Exit (Short): Sell if the price falls below S4 (stop-loss).
Go Short at / below S4 .
Target is 0.5% - 1% - 1.5% .
Exit (Buy): Buy if the price falls above S3 (stop-loss).
Disclaimer:
While GANN calculations offer valuable insights, remember that all trading involves inherent risk. Consider these calculations as a tool within your overall trading strategy.