Quarterly Analysis *Narrow CPR - Inside CAM - Inside Money Zone *Price is moving back and forth H3 and confluence of H4/R1 *Breaking above H4 would bring in quarterly initiative traders with Quarterly H5 being the target
Monthly analysis *Narrow monthly CPR - breaking above previous month high would give a good upmove. *price formed an extreme reversal setup near monthly cpr and below Monthly Money Zone - indicates responsive traders are in play *the first target would be quarterly R1/H4 with stoploss slightly below (which also coincides with monthly R1/H4).