RBR means Rally Base Rally. This is actually always seen in a Bullish market. The price comes up (rally) forms a base and breaks from the base further up (rally.) Then the price comes down to the base again and then goes up again.
In the image above we can clearly see how we can determine where we can find a RBR area. I always make the base on an indecision candle. If I don’t see it on the time frame where I am at that moment, I switch a time frame higher or lower where we can often find it.
Then we go back to the line chart to create a nice line to find the strongest point in the base. The point where he will usually also rejects and go up again.
On this image we can clearly see how you could trade the RBR. But never forget the general rules of Supply and Demand. (Strong Base? Weak Base etc.)
The homework for this time. Send in 2 examples of the charts with a clear RBR drawn.