JEYAM retweetledi

Few of the top search 𝗺𝗮𝗱𝗲 𝗯𝘆 𝘁𝗿𝗮𝗱𝗲𝗿𝘀 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗮𝘁 𝗬𝗢𝗨𝗧𝗨𝗕𝗘 is -
" 𝗜𝗻𝘁𝗿𝗮𝗱𝗮𝘆 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 "
Kindly Spend next 5 minutes and read fully for " 𝗖𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 "
Click on "𝗦𝗵𝗼𝘄 𝗺𝗼𝗿𝗲" to read fully.
𝗟𝗶𝗸𝗲 & 𝗥𝗲𝘁𝘄𝗲𝗲𝘁 is appreciated
After reading this tweet fully you will get any clear idea as a Banknifty / Nifty trader to,
- 𝗜𝗱𝗲𝗻𝘁𝗶𝗳𝘆 𝗧𝗿𝗲𝗻𝗱.
- 𝗧𝗿𝗮𝗱𝗲 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗧𝗿𝗲𝗻𝗱/𝗖𝘂𝗿𝗿𝗲𝗻𝘁 𝗗𝗶𝗿𝗲𝗰𝘁𝗶𝗼𝗻 & 𝗥𝗲𝘃𝗲𝗿𝘀𝗮𝗹.
This technique can be used on All Timeframe from 5 min to Daily/Weekly.
The tool I have used here is 𝗖𝗣𝗥 few might be aware or it can be something new.
Basically CPR has 3 levels Top CPR level , CPR level , Bottom CPR level.
1] 𝐓𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐦𝐚𝐧𝐲 𝐰𝐚𝐲𝐬 𝐭𝐨 𝐮𝐬𝐞 𝐂𝐏𝐑. 𝐋𝐞𝐭'𝐬 𝐦𝐚𝐤𝐞 𝐢𝐭 𝐬𝐢𝐦𝐩𝐥𝐞 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 𝐭𝐨 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝 𝐂𝐏𝐑 indicator. ( Just Refer the 𝗜𝗺𝗮𝗴𝗲 𝟭 to understand the framework )
Framework in the Image -1 tells about Trend UP & Down it will help for both Trend following & Reversal trades.
2] Moving on to 𝗜𝗺𝗮𝗴𝗲 𝟮 let's start with Trend Following.
CPR without overlapping shifting UP for minimum 2/3 trading days - Trend looks 𝗕𝗨𝗟𝗟𝗜𝗦𝗛.
CPR without overlapping shifting DOWN for minimum 2/3 trading days - Trend looks 𝗕𝗘𝗔𝗥𝗜𝗦𝗛.
In the Image - 2 everyday CPR is clearly shifting down means Information from Chart - 𝗧𝗿𝗲𝗻𝗱 𝗶𝘀 𝗗𝗢𝗪𝗡.
Now I will check as per the Framework ( Image 1 ) which one is trying to clearly develop for my trading opportunity.
Here price is rejecting from Top CPR with 𝗧𝗿𝗲𝗻𝗱 𝗶𝘀 𝗗𝗢𝗪𝗡.
My focus is to follow the current trend and focus on Bearish trade opportunity - Very simple.
Vice Versa for Bullish according to the Framework.
3] Moving on to 𝗜𝗺𝗮𝗴𝗲 𝟯 let's check Reversal Trading against the TREND.
Here with the 𝗧𝗿𝗲𝗻𝗱 𝗶𝘀 𝗗𝗢𝗪𝗡 but price failed to trade below Bottom CPR ( Refer the Framework if you have doubt )
So there is a chance of Upside Reversal as sellers are failing to trade below Bottom CPR.
If you are confused read it again & then scroll down.
Check the IMAGE 3 to understand clearly.
4] Next 𝗜𝗺𝗮𝗴𝗲 𝟰 here is a interesting example of Big Trend Change.
Generally when the trend changes the 𝗙𝗶𝗿𝘀𝘁 𝗣𝘂𝗹𝗹𝗯𝗮𝗰𝗸 𝗥𝗲𝗷𝗲𝗰𝘁𝗶𝗼𝗻 𝗶𝗻 𝗳𝗮𝘃𝗼𝘂𝗿 𝗼𝗳 𝗡𝗲𝘄 𝗧𝗿𝗲𝗻𝗱 𝗶𝘀 𝗺𝗼𝗿𝗲 𝘀𝘁𝗿𝗼𝗻𝗴𝗲𝗿.
Now how to identify Big Trend change using CPR ? ( Kindly Read the written wording in Image 4 )
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I have shared my observation .Use it for educational & knowledge purpose only.




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