Professional Documents
Culture Documents
How To Spot RBO Setup
How To Spot RBO Setup
How To Spot RBO Setup
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
Example:
4. TP: please refer to the DCBO pdf
I never lose a trade using this strategy, at least not yet lol.
t.me/loveswingtrade