Find both SWING TRADING & POSITIONAL TRADES based on this CCI reversal strategy🤓
Ready to learn the strategy?
Let's go🧵...
1⃣ Since the strategy scanner is based on CCI, let's learn what's CCI first 👇
The most important diagnostic tool for me that signals turning point in stocks. It’s very simple to understand, so give it a try after watching the video.
2⃣ The LONG TERM REVERSAL scanner which is based on the weekly timeframe is simple and can be used to identify
- Positional trades
- Multibagger Ideas (don't forget to check the rules in 3)
3⃣ Rules to find LONG TERM Reversals👇
4⃣ Watch the details in this video as to how to use this LONG TERM REVERSAL scanner.
CCI based reversal scanner to identify swing trades/positional trades/investment ideas. With some effort you can find the next potential multibagger!
- If everyone is talking about it on social media and it has already broken out
- If a stock has moved up already for the last few days
- If a stock is up more than 10% already from breakout zone
- If your SL is deep
2⃣ Enter only on breakout & nowhere else if you're trading breakouts...
Buy only…
- above breakout zones (no entry in no-man land)
- above a key resistance zone after a stock consolidates
- 1-2% above resistance zone
- Identify entry points(set alerts on TV/set GTT in zerodha)