Wick

Opening range breakout

Day Trading

The first 15 minutes draw the map

Mark the high/low of the first 15 to 30 min. Break above = long trigger, below = short. The open's chaos settles into a range; the escape from it often sets the day's direction.

Check yourself

ORB assumes the opening range acts as…

  1. Noise to ignore
  2. The day's first meaningful S/R correct
  3. A guaranteed trend

The auction's first balance = the day's initial fair-value zone. Leaving it = imbalance = trend attempt.

Learn this properly

This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.

Open the lesson

Related terms