This video describe a pure price action using Renko chart to identify BUY and SELL setup in the market. The strategy also gives you exact profit and stop targets.
A Renko chart is a type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks.

A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous brick by a predefined amount.