Renko Trading Strategies Base Trade Setup

Renko trading strategies reference video that discusses and defines our renko base trade setup and the 4 required components: (1) price envelope reverse (2) reject-reverse brick pattern (3) midline reject (4) mex flow. Additionally discussed is the importance for the distinction of base setup.

Renko Midline Reject Trade Setup Brick Patterns

This was a good chart for discussing the renko midline reject trade setup, because (1) there were 2 midline reject brick patterns that were not full setups to take the trade (2) there were 2 midline reject brick patterns that were slightly different – but the trades were done because of having very good price continuation components.