Points to note down:
1. CPR Relationship: Overlapping Higher Value
2. VA Relationship: Overlapping Higher Value
3. Camarilla Relationship: Overlapping Higher Value
4. Normal CPR Width
5. Little bit wide VA
6. Normal Camarilla Width
Bullish Outlook.
Trade Setups:
1. If opens above VA and within Prior Day Range:
Wait for signs of reversal at VAH / S3 / CPR High and Go Long
2. If opens above POC:
Wait for signs of reversal at POC / VAL, and Go Long
3. If opens above VA and above Prior Day Range:
a. If any 2 consecutive 5min candles in the first 3 candles are closing higher, Go Long
b. Wait for a reversal at CPR High / S3 / VAH, if the price falls back into the Prior Day Range.
4. If opens below VAL:
This is a strong rejection of the bullish view. Go short if any 2 consecutive 5min candles in the first 3 candles are closing lower.
1. CPR Relationship: Overlapping Higher Value
2. VA Relationship: Overlapping Higher Value
3. Camarilla Relationship: Overlapping Higher Value
4. Normal CPR Width
5. Little bit wide VA
6. Normal Camarilla Width
Bullish Outlook.
Trade Setups:
1. If opens above VA and within Prior Day Range:
Wait for signs of reversal at VAH / S3 / CPR High and Go Long
2. If opens above POC:
Wait for signs of reversal at POC / VAL, and Go Long
3. If opens above VA and above Prior Day Range:
a. If any 2 consecutive 5min candles in the first 3 candles are closing higher, Go Long
b. Wait for a reversal at CPR High / S3 / VAH, if the price falls back into the Prior Day Range.
4. If opens below VAL:
This is a strong rejection of the bullish view. Go short if any 2 consecutive 5min candles in the first 3 candles are closing lower.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.