How To Spot RBO Setup

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 4

How to spot RBO(range breakout) in another word mini

range breakout.

1.What is RBO ?

it is when the market keep printing many small candles with short
bodies within same boundary and base on the time frame u are
viewing (keep in mind it happen on all timeframe).

Example :
2. When does RBO breaks ? Question of the millennium

If indeed a range is broken it will form a long full thick body candle which
will stand out from the rest of the candles

Example:
3. When to enter ?? After the breakout LOL okay let's be serous

The entry is the same as the DCBO pdf suggested. I couldn't explain it
better. But we have two types of placing trade

(Pending and Instant execution) see example bellow.

Example:
4. TP: please refer to the DCBO pdf

5. [R:R] Risk and Reward: always use risk management

yes i know it is simple, yet powerful.

I never lose a trade using this strategy, at least not yet lol.

Forex u telegram group

t.me/loveswingtrade

written: caviru (member).

Strategy creators: (Bak, LCW ,Sheng , Catlady)

You might also like