π™Όπš›.πšŒπš‘πšŠπš›πšπš’πšœπš
π™Όπš›.πšŒπš‘πšŠπš›πšπš’πšœπš

@MrChartist_PA

15 Tweets 99 reads Jun 10, 2022
Follow one strategy for life time πŸ’š
Check πŸ’š
#CPR #VWAP #MVWAP
#PriceAction
#nifty50
#banknifty
#VirginCPR
youtu.be
This learning thread would be on
"π™π™¨π™šπ™¨ 𝙀𝙛 π˜Ύπ™‹π™"
Like❀️& RetweetπŸ”for wider reach and for more such learning thread in the future
1/20
#CPR
1-
HOW TO SETUP
in Zerodha
Select Chart type ChartIQ > go to study and Add Central Pivot Range
and Trading View > go to indicator> type gomthi
2 - "How to Determine Market Trend Using CPR"
Pic
@TheCosmicTrader
VCPR and Price Action - just look how simple and beautifully it worked in live market
CPR REJECTION
Pic @TheCosmicTrader
"Inside Value" CPR means today's CPR will be completely inside previous day CPR, it indicates a breakout
How to trade? PDH/PDL - whichever breaks, take a trade in that direction and hold
Pic @TheCosmicTrader
Today in NIFTY, we have an "outside value" relationship CPR with respect to previous day CPR
An outside value CPR suggests a range bound or sideways market
Let's see how NF unfolds
Pic @TheCosmicTrader
What's Virgin CPR and how to trade it βœοΈπŸ“‰πŸ“’
If you are wondering why NIFTY didn't give wild swings today inspite of being monthly expiry, then here is your answer
And did I tell you that weekly CPR is crucial for swing trading? πŸ™ƒπŸ“‰πŸƒ
1- More wide CPR is, more possibility of range bound
2- A very wide CPR is formed if previous day was purely trending
3- If today is wide CPR, then next day is going to be a narrow CPR, narrow CPR means high probability of volatile day
4- How it helps? If you see a wide CPR, once price enters CPR, it will find diffuclt to break CPR, don't hurry to initiate a trade if you are an option buyer
5- Wait for some levels to break like PDH PDL or some critical support/resistance zone, but most probably it won't happen
All in one , dont miss this
All about CPR youtu.be

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