369 Trading Strategy: Chart-Based Entry Example
The 369 strategy works by focusing on specific time-based candles in the first hour of market
opening, especially on 5-minute charts.
Key Time Points:
- 3rd Candle (9:20 AM)
- 6th Candle (9:45 AM)
- 9th Candle (10:15 AM)
We observe candle strength, volume, VWAP, trend lines, and PCR during these time points to take
trades.
Example: Call Entry (CE) - Trend Up
At 9:20 AM (3rd candle):
- Strong bullish green candle formed
- PCR at 1.25 and rising
- Price is above VWAP and holding uptrend line
At 9:45 AM (6th candle):
- Price forms a higher low
- Volume increases
=> Entry taken at 9:45 AM for CE
=> Target: PCR reaches 1.5 or price hits resistance zone
Example: Put Entry (PE) - Trend Down
At 9:20 AM (3rd candle):
- Strong bearish red candle formed
- PCR at 0.70 and falling
- Price rejects VWAP and stays under downtrend line
At 9:45 AM (6th candle):
- Price tries to rise but forms a lower high
- Volume increases on red candle
=> Entry taken at 9:45 AM for PE
=> Target: PCR drops below 0.4 or price hits support zone
Checklist
- Use 5-min chart with PCR, VWAP, and Volume
- Trade only after confirmation on 6th or 9th candle
- Align price action with PCR behavior and candle pattern
- Avoid entering before 9:20 AM