Strategies for OPENING

Opening Drive Opening candle can be High probability trade if

gap up/down OR low of the candle
Close above PDH/PDL touches PDH/PDL

ODR Close of first candle Entry on the candle

near some resistance which breaks first
candle low

PPT First candle should Or first candle is taking

engulf CPR support/resistance on
weekly or monthly
pivot near CPR
Evening Star Gap up bearish Entry once the candle
opening. First/Second closes below PDH
close within PDH
Morning Star Gap down bullish Entry once candle
opening. First/Second closes above PDL
within yesterday’s
range
 Strategies for OPENING to Mid-Afternoon

Virgin CPR Reversal Opening candle can be Short/long if price

gap up/down OR approaches or closes
Close above PDH/PDL near virgin CPR. Works
well before afternoon

RCR First 5 mins candle High probability if high

should be a big red and CPR at same place
candle and retracement
happens within 1-2
hours

GCR First 5 mins candle High probability

should be a big red retracement happens
candle within 1-2 hours

Gap Up Rejection Gap up bearish opening Short entry at close of

with highs touching first candle
some resistance
 Strategies for Mid to late afternoon

CPR BO Market should Full body candle

consolidate around CPR breakout is a good
indication

Gap down rejection Previous day or day If PDL broken, go long

before should be
bearish day or close at
low of the day
M reversal Day structure should be Price should retrace
range day back or near to low of
the day after making
high in first hour
W reversal Day structure should be Price should retrace
range day back or near to high of
the day after making
low in first hour
RCBO First 5 mins a big red Long at breakout
candle. Red candle can candle in opening if
be from previous day previous day red candle
also which was not
broken
GCBO First 5 mins a big green Short at breakout
candle. Green candle candle in opening if
can be from previous previous day green
day also which was not candle
broken