The ORB strategy is short for Opening Range Breakout, which means "breaking the opening range," and it is one of the popular trading strategies, especially in fast-moving markets like cryptocurrencies.

---

#BNBBreaksATH #CryptoClarityAct $ What is the ORB strategy?

It relies on monitoring the price range in the first few minutes or hours after the market opens, then entering a trade when this range is broken upwards or downwards.

---

✅ Steps to apply the ORB strategy:

1. Determine the opening range:

Usually, the first 15 minutes to an hour after the market opens is monitored.

A horizontal line is drawn at the highest price (High) and the lowest price (Low) during this period.

2. Wait for a breakout from either side:

If the high is broken (Breakout) → Enter a buy trade.

If the low is broken (Breakdown) → Enter a sell trade.

3. Determine the stop loss:

Below the lowest price (in the case of buying).

Above the highest price (in the case of selling).

4. Take profit targets:

Either at a risk-to-reward ratio (for example, 1:2).

Or using previous support and resistance levels / other indicators (like Fibonacci or moving averages).