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  • Market opened above or below CPR - Scenarios and examples

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    kirankumarp
    6K views7 pages
    The document describes two scenarios for how a market could open relative to a certain price range model (CPR). In the first scenario, the market opens above the CPR line and crosses above the first and second resistance levels (R1 and R2). In the second scenario, the market opens below the CPR line, touches the first support level (S1) and moves back to the first resistance level (R1). It provides examples of each scenario occurring, including explosive moves above or below certain price points.

    Original Description:

    Central Pivot Range (CPR)

    Original Title

    Central Pivot Range (CPR)

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    The document describes two scenarios for how a market could open relative to a certain price range model (CPR). In the first scenario, the market opens above the CPR line and crosses above the first and second resistance levels (R1 and R2). In the second scenario, the market opens below the CPR line, touches the first support level (S1) and moves back to the first resistance level (R1). It provides examples of each scenario occurring, including explosive moves above or below certain price points.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6K views7 pages

    Market opened above or below CPR - Scenarios and examples

    Uploaded by

    kirankumarp
    The document describes two scenarios for how a market could open relative to a certain price range model (CPR). In the first scenario, the market opens above the CPR line and crosses above the first and second resistance levels (R1 and R2). In the second scenario, the market opens below the CPR line, touches the first support level (S1) and moves back to the first resistance level (R1). It provides examples of each scenario occurring, including explosive moves above or below certain price points.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    Scenario 1: Market opened above CPR

     Opened Near R1 and crossed R2(Range Between R1 and R2)

    Example2: Market opened Near TC line of CPR and crossed R1 to R2


    Explosive Move Above CPR Line and above R2
    Market Gap down but above the CPR line consolidated some time and came near to s1

    Confirmation at Drop
    Scenario2: Market Opened below CPR
     Market opened Below CPR and touched S1 and moved back to R1

    Example: Market opened below S1 and Crosse CPR and moved upto R1 and came back to S1

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