Asian range breakout

Check out one of our founders explaining this report in the video below:

This report looks at the first 15m candle that closes outside of the range of the Asian session. Then checks to see how often the daily candle closes above or below the Asian range based on the direction of the initial break out of the Asian range.

When price breaks to the downside / upside of the asian range and there is a high chance the day will close outside the asian range, Then look for shorts /longs when the pirce comes back inside the asian range. See some examples below :

When price breaks to the downside / upside of the asian range and there is a high chance the day will close red or green, then look for longs below the market open and shorts above the market open. See some examples below:

Why does Asian range breakout matter ?

Understanding the relationship between the initial breakout of the Asian session and the daily candle's close helps you predict market behavior. if a breakout to the upside frequently correlates with a green daily candle, traders can look for bullish setups to capture potential upward movements. similarly, if bearish breakouts signal the potential for the daily candle to close red, you can use this to find bearish setups. by focusing on the first 15-minute candle that closes outside the Asian range, you gain valuable insights into daily price action trends and can adjust their strategies accordingly.