Most Powerful CPR strategy | Find perfect Breakouts and Reversal

Now there is another two levels which is like a silent killer. There are higher chances the breakout will happen and the market will be trending. So most probably this R3 and S3 they are the gods of the prices like I'm not getting where should I enter. >> So what happens right from the first candle the fall has been started. Camela inside CPR like a magic without being biased towards the CPR. Okay I want to ask you which one is better or CPR? So what I used to do is >> Hey guys, this is Goadeshankar full-time price action trader. So I have partnered with Upsurge to create amazing learning content for you people. So stay tuned more contents are on the way. So hit that like button, share it with all your trading friends and do subscribe to our YouTube channel. >> So we have talked a lot about CPR. >> Yes. >> Okay. It is like the pivot pivot points. >> Correct. Pivot point is basically a very very strong way to identify support and resistance. These are just the price levels. Now there are variety of pivot points. CPR is you are the expert. I I can't like argue with that. And they work. Uh another one which I absolutely love is Camela. >> Okay. >> Okay. I've been using them since a long time and they also work. >> Okay. >> So without being biased towards the CPR, >> okay, >> I want to ask you which one is better camera or CPR? >> Okay. So probably you are asking camera versus CPR. >> Yeah. >> Or CPR versus camera. >> Let's let's do that. >> All right. So probably we will do uh uh CPR and camera together. >> Let's go mix them. Yes. >> Oh, that's that's it. >> Okay. So what we will do is we will use CPR plus camera. Okay. So one interesting thing about a camera is uh the most effective level is R4 in camera. >> Yeah. >> And S4 in camera. So whenever the prices are crossing R4, it is a signal for long opportunity. And whenever the prices are crossing the S4, it's a signal for short opportunity. Correct? And most of the traders who are using Camela, they will be focusing on these two levels only. Yeah. >> And other levels like R1 and R2, S1 and S2 is not having much significance. >> The more closer this R4 and S4 is when the distance is very shorter. >> Yeah. >> Then there are higher chances the breakout will happen and the market will be trending and breakout will be stronger. >> Stronger will be the breakout. So this is what people commonly use with respect to camera. Now there is another two levels which is like a silent killer which is like a dynamite which is R3 and which is S3. So this R3 and S3 is purposefully meant for reversal. So whenever the prices are reversing from R3 and whenever the prices are reversing from S3 it is considered to be high probable reversal. It will be like a high probable reversal. Okay. So this R3 will be acting as a barrier and it will not allow the prices to cross above R4. >> H >> and this S3 will be acting as a barrier. It will not allow the prices to fall below S4. >> Correct? >> So most probably this R3 and S3 they are the guards of the prices. They never allow the prices to go up and there will be a reversal at R3 and S3. So this is also equally important with respect to camera pivot points. Now what we will do is we will take only this R3 and S3 and we are not going to talk about this R4 and S4. So let me delete this R4 and S4. So we are going to talk only about this R3 and S3 H. So what I used to do is I will be plotting my CPR if this R3 is coming inside my CPR. So this is R3. Maybe maybe I can use a different color. So what I will do is let me erase it. Let me give a different color. So uh let's say this is my CPR. Okay. And let's say I use a different color probably black. So let's say camera R3 is inside CPR. So probably uh Camela Camela is inside CPR. So before we continue with this video, I have created an amazing CPR indicator trading strategy course with up search in both English and Tamil. So there I have shared all my personal trading strategies both for swing traders and traders. So go and enroll for this course. Link is provided in the description. Let's continue to this video. So we know R3 is for reversal. So when this R3 is inside CPR already R3 itself is a high probable reversal. R3 is a high probability reversal. So when CPR is there protecting the R3 the reversal accuracy increases the probability of uh reversal increases. Now let's say camera is having a 60% accuracy. camera is inside CPR the accuracy will be at least 70% to 80%. >> Oh, >> the reversal accuracy increases. Same with respect to S3 also. >> If this S3 is inside CPR, let me take a different color. So let's say if this camera S3 is inside CPR, then the reversal accuracy is going to be high. Now let me show you some uh charts as an example. So you might understand better. So look at this and this is CPR correct. Okay. So actually this is a CPR line. Uh I missed the color. So this three lines are CPR and you can see this pink color line R3. >> So this pink color line is Camela R3. >> Okay. So what happens when the prices are approaching the CPR as well as the camera R3 the chances of reversal is very high and usually in this reversal the target will be camera S3 will be the target or even uh we can use uh CPR S1 and previous day low as our target. >> So this is a illustrative image. Let me show you a chart. So you can look at this chart and this in this chart we can see this is CPR >> correct >> and this pink color line is cameraa the opening itself is happening at the camera as well as the CPR >> so what happens right from the first candle the fall has been started many people misunderstand that we should take a short in the first candle itself it's not like that we have to understand that the market is going to reverse from that camera level and the market is going to fall further. Even further fall is possible. So it's not mandatory to take a short at the first candle. Even afterwards when the prices are breaking this S1 or S2 still you can take a trade. So camera inside CPR works like a magic. It gives you a high probable reversal and the chances of reversal is also very very high. So this was supposed to be a target S3. Yes, S3 is supposed to be a target but it is very closer. So you can consider S S1 also as a target. The CPR S1 also you can consider it as a target >> which is this red line. >> Yes. Which is this red line. Yeah. >> So it broke the S2 and S3 almost S3 of the CPR. >> Yes. Yes. So this this is because of camera inside CPR the prices are unable to uh react to that particular level and there is a huge fall probably we can see another example. So again you can see here this is CPR and you can see that the candles are opening at the camera and CPR and from that particular time there has been a fall till S2 level. >> So this is S1 and this is S2. So the fall has been significant and it shows that the accuracy of this reversal and the chances of the market falling is very very high. >> But like in both the examples that I saw the like I'm not getting where should I enter this trade. >> So generally you have to enter when the prices are coming out of the CPR. So uh let's say this is CPR. This is CPR and let's say this pink color line is the camera. Okay. So probably let me use this purple. So let's say there is a camera. Okay. So this is camera. So where I have to enter is when the candles are closing below the CPR. Okay. So when there is a close below CPR that is when I have to go for a short. So probably you can see this first candle it is closing below the CPR. Correct? So there we can go for a short. In case if the candle is like this, don't go for a short. Wait for the candle to come out of the CPR and then you take a short. >> Correct. But all these candles are very big, right? These are first five minute candles which are very volatile. >> Yes. At at times the first candle itself will be reversing. But there are days where in the middle of the day there will be a reversal. >> Uhhuh. >> That's like a golden opportunity. >> Yes. Yes. >> With small stop- loss and >> Yes. >> Uh got it. So it is not like camera versus CPR or CPR versus camera. It's camera and CPR together works like a magic. All right. So camera and CPR working together works as the magic. Perfect. There's no better way to end this video. All right. So I hope you guys really like this concept and this bond right and if you have any questions on this please let us know in the comment section below and sir I think will help us uh to answer all of them. Uh we will see you guys in more such informative content. Till then like it, share it, subscribe this channel and we will see you in the next one.