HDFCLIFE ( CPR REVERSAL )HEY PIVSTER'S
Here, we can see a chart analysis of NSE:HDFCLIFE where we spot a live example to demonstrate how an actual CPR Reversal pattern actually looks like and more to it we have added "CPR TRAILS" which now makes the whole pattern look much more informative...🙂
So, here is an example of "CPR TRAIL REVERSAL" which depicts how a particular trend changes alongside it's CPR 📝
SOME OBSERVATION TO BE NOTED:
Here, in the sample size taken for example shows one very interesting price movement alongside it's CPR formation and that is basically-
"If we observe closely then alongside a descending CPR Trail formation the Price alongside the same is not closing above the CPR" 👀
And even if price is able to open above the CPR's we can see that Price is not able to cross the opening high of the first 30min candle until 21st July, 2025 where the price changed track and closed above CPR on the same day 📊
