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95% of the traders lose money in the stock market because they don't have a proper trading setup.
Here is a simple cash trading strategy based on NR4/NR7 candles (that can be automated) that can help you catch Mega Breakouts in the Market
Surprise at the end!
A Thread🧵:
Here is a simple cash trading strategy based on NR4/NR7 candles (that can be automated) that can help you catch Mega Breakouts in the Market
Surprise at the end!
A Thread🧵:
We will split this thread into five parts:
• What is NR4 and NR7
• How to use NR4 and NR7 in your Trading (Daily/Weekly Time Frame)
• Free Tradingview Indicator
• Free NR4 and NR7 Screener Link to simplify your analysis
• What is NR4 and NR7
• How to use NR4 and NR7 in your Trading (Daily/Weekly Time Frame)
• Free Tradingview Indicator
• Free NR4 and NR7 Screener Link to simplify your analysis
1/ What are NR4 and NR7:
NR4 (Narrow Range) and NR7 mean when a stock price has made the smallest range (High-Low) in the last 4 and 7 days respectively.
These candles indicate compression in the price and it is expected to give a massive one-sided move in either direction.
NR4 (Narrow Range) and NR7 mean when a stock price has made the smallest range (High-Low) in the last 4 and 7 days respectively.
These candles indicate compression in the price and it is expected to give a massive one-sided move in either direction.
#breakouts to watch
Yesterday some good breakouts were observed ...listing them for your study ...
♻️RT for sharing the opportunity...
Yesterday some good breakouts were observed ...listing them for your study ...
♻️RT for sharing the opportunity...
#seshapaper 310.7 - sectorals supportive and strong fundamentals
#bharatforge - defence theme gaining strength
