Renko Chart Trading: Renko Trade Setups And Entry Bricks
Renko chart trading uses price bricks and is thus affected by their real time price action. This is especially a factor in determining when you know you have Renko trade setups and can enter trades.
The main reason is that the Renko price bricks are completed in different amounts of time. Additionally, the rate at which they complete is not the same for the whole brick. Thus, it is important to see the trade setups as soon as possible.