
Learn Scanners on Streak हिंदी | Episode 7 | Opening Range Breakout
#LearnScannersOnStreak #Trend #OpeningRangeBreakout #Signals #TechnicalAnalysis #technicalindicatorsstrategy #Scanners #SystematicTrading In the seventh episode of “Learn Scanners on Streak” we will learn how to trade on the basis of Opening Range Breakout. Opening Range Breakout is a popular trading strategy that focuses on the price action during the initial trading period of the day. It involves identifying the high and low prices within the first few minutes, typically the first 15 minutes and then entering a trade when the price breaks above the high or below the low of this range. For Example, If any stock breaks high of day's first 15 minute candle, then it is considered as bullish momentum. And, if stock breaks low of day’s first 15 minute candle, then it is considered a bearish signal. This analysis is based on the assumption that the market's early momentum will influence its direction for the remainder of the day. Timestamps 00:00 Introduction 00:17 What is "Opening Range Breakout"? 00:58 Learn Opening Range Breakout on charts 02:21 Opening Range High Breakout 04:54 Opening Range Low Breakout 06:35 Conclusion