The 30 minutes before the market is opened is packed with instability. This is where the strategy for opening -range breakout (ORB) comes.
It works like this:
- First identify the high and low in 15-30 minutes.
- If the price goes over high, go a long time.
- If it breaks down at least, go down.
This strategy works best on high lengths and crypto owner. Use close stop loss and dimensions for 2: 1 reward-to-risk conditions.