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What is ORB Trading Strategy Explained about?

The Opening Range Breakout (ORB) strategy is an intraday trading method that involves identifying the high and low of the first 5-15 minutes after market open and entering trades based on price breaking above or below this range. Traders typically use 5-minute candles and look for confirmations such as volume spikes and RSI breakouts. An example illustrates a successful long trade following a breakout after the sixth candle.

Author

fediboudabbous750

Language

EN