Intraday Technical Analysis
Mini Course 🧵🧵 (Free)
How to Enter Long and Short Trade
Explained with 30+ Charts
Kindly Re-Tweet and Like for Max Reach 🙏
Index
1) Importance of Trend
2) Time Frame Importance
3) Bullish Day Signals
- Candles, VWAP, EMA, Patterns, Resistance BO
4) Bearish Day Signals - In Next Thread Soon
5) Reversal Day Signals - In PDF Only
6) Psychology - In PDF Only
Imp - Explanation in Charts Only
Importance of Trend
"Trend is our Friend except at the end when it bends"
Trend Following importance explained in 4 charts -
Going against the trend stands very less chance of success as explained in this chart that cover 5 days of uptrend -
Time Frame importance -
1) 3 min - For Execution
( indicators provide early signals and less reliable)
2) 15 min - to look at trend of week, Support and Resistance of last 4-5 days
3) Daily - to check current trend and Short Term S-R (More reliability)
Charts -
Bullish Day Trading Signals
1) First Big Green Candle
First candle is always a good signal and trend setter for the day. Trading in direction of that candle have more success chances
E.g Reliance Big candle on 9 March, Entry with SL below first candle
Success Rate > 60%