CPR Secrets Revealed. !!
[A Thread 🧵]

It provides the best entry location for intraday.

It can be used for 4 kinds of analysis, which can has varied applications and can give you various perspectives
and helps you to take your trade accordingly and with more conviction.

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You can call CPR as a Swiss knife for a Trader.

Want to know how CPR can be a game changer in you trading set-ups .

It tells you when to enter, when to exit, what can be the probable direction or the trend in the market and shows what kind of trades to enter into .

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CPR width analysis

"There are 3 kinds of CPR width -

First is "Wide"
Second is "Narrow”
Third is ""Average CPR Width"

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Wide CPR

If the on charts a wide CPR is getting formed that means the market is expected to be "RANGEBOUND"

Therefore it is important to notice the width, so that on that if you spot a Reversal trade - it will have a higher probability of success .

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Therefore you can increase your quantity
and on those days if you spot a breakout trade - kindly reduce your quantity, for a proper risk management.