I must have forgotten the allure of Renko trading which was the ease of finding easy winning patterns.
I had abandoned trading with Renko for a long time but found my way back and I found patterns that repeat themselves each and every day on different brick sizes, the higher the brick size, the more reliable the pattern.
The only patterns I've not tried out are harmonic patterns but other patterns occur frequently, but I'd like to highlight the following.
#1 Engulfing pin bar
#2 Double tops and bottoms
#3 Range Breakout/Breakdown
#4 Hidden Divergence
#5 Regular Divergence
If you could scan all the major pairs with varying brick sizes you could find several set ups to trade.
Example of #1
I had abandoned trading with Renko for a long time but found my way back and I found patterns that repeat themselves each and every day on different brick sizes, the higher the brick size, the more reliable the pattern.
The only patterns I've not tried out are harmonic patterns but other patterns occur frequently, but I'd like to highlight the following.
#1 Engulfing pin bar
#2 Double tops and bottoms
#3 Range Breakout/Breakdown
#4 Hidden Divergence
#5 Regular Divergence
If you could scan all the major pairs with varying brick sizes you could find several set ups to trade.
Example of #1
Let it turn and find your entry.