Thread by @tradingmonk_RG

Are you still making Plan before #Markets Open❓
👇🏼Here's our #CPR templates to trade 👇🏼

✅When to take a #Intraday #Trade?
✅Location to take a #Intraday #Trade?
✅When not to take the #Intraday #Trade?

🫱🏼Here's a #Thread 🧵

🫱🏼#Bullish Templates
↗️Higher Value CPR Relationship: -

Setup 1⃣: Bullish CPR Test
Timeframe: 5 Min
▶️Price open above CPR and Tests CPR (BUY)

Example👇🏼

#Setup 2⃣: Previous Day Low (PDL)Test
Timeframe: 5Min
▶️Price open below CPR
▶️On Bullish Test of PDL (BUY)

Example👇🏼

#Setup 3⃣: #Trend #Reverse
Timeframe: 5min
▶️ Price open below CPR and PDL
▶️ Look to Sell below 5 min candle Low (SELL)

Example👇🏼

#Setup 4⃣: CPR BreakDown!
Timeframe: 5min
▶️Price open Above CPR
▶️Price closed below CPR (SELL)

Example👇🏼

🫱🏼#Bearish Templates
↘️Lower Value CPR Relationship: -

Setup 1⃣: Bearish CPR Test
Timeframe: 5 Min
▶️Price open below CPR and Tests CPR (SELL)

Example👇🏼

#Setup 2⃣: Previous Day High (PDH)Test
Timeframe: 5Min
▶️Price open above CPR
▶️On Bearish Test of PDH (SELL)

Example👇🏼

#Setup 3⃣: #Trend #Reverse
Timeframe: 5min
▶️ Price open above CPR and PDH
▶️ Look to Buy above 5 min candle high (BUY)

Example👇🏼

#Setup 4⃣: #CPR #Breakout
Timeframe: 5min
▶️Price open below CPR
▶️Price closed above CPR (BUY)

Example👇🏼

🫱🏼#Neutral Templates
🟰 Overlapping CPR: - (Overlapping Higher and Lower Value): -

#Setup 1⃣: Bullish Overlapping
Timeframe: 5min
▶️Price open below CPR and closes above CPR with Big Green Candle (Buy)

Example👇🏼

#Setup 2⃣: Bearish Overlapping
Timeframe: 5min
▶️Price open above CPR and closes below CPR with Big Red Candle (SELL)

Example👇🏼

If you found this useful, hit LIKE button & RETWEET the thread!
After 50 Retweets I will share my 2 of my Narrow CPR Setups

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1⃣@TradingMonk_UJ
2⃣@tradingmonk_MB
3⃣@tradingmonk_RG

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