Renko Price Envelope Reversal Trade Setup

This video continues discuss the renko midline reject setup entry timing. Of particular focus is a trading chart discussion and whether there was any reason not to enter all of the trades on the reverse brick after the midline reject – I also point out 2 trades that I really shouldn’t have taken and why.

Renko Chart Trade Setup And Entry Timing

The price envelope reverse midline reject is my favorite renko trade setup and is easy to identify on the chart. But what is not as clear is the actual entry timing – and entering inside an uncompleted brick after the reject -vs- waiting for that brick to complete and begin a new brick.