分類:10RBOM

出自BPAX Lab

Also called BOM open, also a TRO. Market went above 1H and then 1L and then coming back. Expect market to BO above the H or below the L, and look for MM. Keys to define a 10RBOM:

  • If the pattern has less than 10 bars (but at least 5), it is less reliable.
  • If the opening range is more than 50% of average day's range (ideally between 30% and 50%), the BO is probably not going to lead to a MM, it probably will simply be a TRD.
  • If BO happens late after 1pm EST, TR more likely[1]

See also 18RBOM.

子分類

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