LETโS LEARN 2 MORE PRICE ACTION PATTERNS. DBD & RBR SIMPLE BUT POWERFUL.
DBD - Drop Base Drop
DBD = DROP โ BASE โ DROP
Price drops โ forms a base โ then continues dropping.
This can show bearish continuation.
RBR - Rally Base Rally
RBR = RALLY โ BASE โ RALLY
Price rallies โ forms a base โ then continues higher.
This can show bullish continuation.
Easy way to remember
DBD = Sellers are still in control.
RBR = Buyers are still in control.
SAVE THIS. Youโll see these patterns again on GOLD.
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