Category:O

This is the top category for all patterns related to the Open. Definition of "open" of the day:

• Generally, it is the first 1/3 part of the day, it is the time from when the market opens until the end of the 1st swing up or down
• There is usually an Opening Range, which is an early TR before there is a BO into the 1st swing of the day, but Sometimes there is an Opening BO up or down instead of an Opening Range. If the market continues sideways all day, the open is the initial TR that failed to have a successful BO
• The end of the open is often not clear until 5-20 bars later