Sharing one of Very simple setup in CPR . Got this setup idea from secrect of pivot boss Book
If you felt it useful please do RETWEET & Like .
In the below image today's CPR is Away Above yesterday's CPR & yesterday's close is way higher than YESTERDAYS TC sign of BULLISH.
If you felt it useful please do RETWEET & Like .
In the below image today's CPR is Away Above yesterday's CPR & yesterday's close is way higher than YESTERDAYS TC sign of BULLISH.
But what happened today was exactly ulta of the ongoing trend .
If this scenario occurs which is a sign of clear breashimess for the day , Because today's market opened Below BC , But where to Short this market . 👇👇
If this scenario occurs which is a sign of clear breashimess for the day , Because today's market opened Below BC , But where to Short this market . 👇👇
Whenever an unexpected gapdown market usually tends to pullback in the first hour . During the pullback I prefer to sell only when market reverse from BC OR Pivot. Today there was no such instance occurred . In such case days high will act as RESISTANCE 👇👇
In the image we can see how market reversed from the days high ,Good to sell from the reversal & more shorts can be added towards BC & PIVOT reversals , STOPLOSS can be kept above TC . TARGETS can be intra or Prv day low . Will share more in coming days 🙏
#strategy
#strategy
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