WRB Analysis Price Action and Trading
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This course is written entirely in Microsoft Word.
WRB Analysis (also known as Wide Range Body Analysis) is a price action analysis that works in conjunction with your trade signal method. In reality, you cannot employ WRB Analysis if you do not have a trade signal approach. Wide Range Bar Analysis, on the other hand, is a trading approach.
WRB Analysis use candlestick charts, whereas Wide Range Bar Analysis employs bar charts, and Wide Range Bar Analysis has been connected with automated trading systems or mechanical trading systems. WRB Analysis, on the other hand, is a discretionary price action analysis, as evidenced by the WRB Analysis Free Study Guide.
As mentioned in the WRB Analysis Free Study Guide, WRB Analysis (Wide Range Body Analysis) involves Key Market Events (KMEs). Simply put, WRB Analysis identifies the significance of the “initial WRB Hidden GAP” period that arises following a significant market event, but only if it qualifies as either a strong continuation price action or a swing point price action…resulting in a WRB Zone.
Also, WRB Analysis lays emphasis on “contracting volatility” intervals but Wide Range Bar Analysis refers to these particular intervals as “narrow range”.
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