Mastering ๐ข๐ฅ๐๐๐ฅ๐๐๐ข๐๐๐ฆ (๐ข๐)
Everything you will ever need๐ก
A Thread๐งต x.com
Everything you will ever need๐ก
A Thread๐งต x.com
Here are 4 key concepts you need to grasp to identify a HIGH PROBABILITY Orderblock:
โข Bias
โข What is a HIGH PROBABILITY Orderblock?
โข Relativity Theory
โข Retracement/Pullback
๐๐๐๐ฆ
Itโs crucial to understand the direction of the market and its target (Draw on Liquidity). In other words, focus on the next PD Array the market is aiming for.
โข Bias
โข What is a HIGH PROBABILITY Orderblock?
โข Relativity Theory
โข Retracement/Pullback
๐๐๐๐ฆ
Itโs crucial to understand the direction of the market and its target (Draw on Liquidity). In other words, focus on the next PD Array the market is aiming for.
WHAT IS A ๐๐๐๐ ๐ฃ๐ฅ๐ข๐๐๐๐๐๐๐ง๐ฌ ๐ข๐ฅ๐๐๐ฅ๐๐๐ข๐๐?
A high probability orderblock consists of a sequence of three candle movements:
โข Consecutive down or up candles,
โข Originating from a previous PD Array,
โข Overlapping with a Fair Value Gap (FVG). x.com
A high probability orderblock consists of a sequence of three candle movements:
โข Consecutive down or up candles,
โข Originating from a previous PD Array,
โข Overlapping with a Fair Value Gap (FVG). x.com
๐ฅ๐๐๐๐ง๐๐ฉ๐๐ง๐ฌ ๐ง๐๐๐ข๐ฅ๐ฌ
Everything should be analyzed in the context of the higher time frame (HTF). When trading with Orderblocks, itโs important to align your timeframes.
Ensure that your lower timeframe orderblocks fit within the overall bias of your higher timeframe analysis.
Everything should be analyzed in the context of the higher time frame (HTF). When trading with Orderblocks, itโs important to align your timeframes.
Ensure that your lower timeframe orderblocks fit within the overall bias of your higher timeframe analysis.
๐ฅ๐๐ง๐ฅ๐๐๐๐ ๐๐ก๐ง/๐ฃ๐จ๐๐๐๐๐๐
Once a high-probability orderblock that aligns with the higher timeframe bias is identified, the next step is to VALIDATE it.
This involves confirming whether the orderblock will hold or not.
A retracing candle entering the order block can signal whether it is likely to succeed or fail.
If a Fair Value Gap (FVG) is formed during the retracement leg into the orderblock, it could suggest the orderblock will fail.
On the other hand, if an expansion candle forms and the price revisits the high or low of the previous candle, it may mitigate the formation of the FVG, indicating the orderblock is likely to hold.
Once a high-probability orderblock that aligns with the higher timeframe bias is identified, the next step is to VALIDATE it.
This involves confirming whether the orderblock will hold or not.
A retracing candle entering the order block can signal whether it is likely to succeed or fail.
If a Fair Value Gap (FVG) is formed during the retracement leg into the orderblock, it could suggest the orderblock will fail.
On the other hand, if an expansion candle forms and the price revisits the high or low of the previous candle, it may mitigate the formation of the FVG, indicating the orderblock is likely to hold.
๐๐ถ๐ณ ๐๐ผ๐'๐ฟ๐ฒ ๐ฎ๐ป ๐๐๐ง ๐๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ ๐๐ต๐ผ ๐๐ฎ๐ป๐๐ ๐๐ผ ๐ณ๐ถ๐ป๐ฎ๐น๐น๐ ๐ฏ๐ฒ๐ฐ๐ผ๐บ๐ฒ ๐ฝ๐ฟ๐ผ๐ณ๐ถ๐๐ฎ๐ฏ๐น๐ฒ:
๐กLive trade with me FOR FREE so you can learn how a 7 figure funded trader thinks & trades in real-time..
At this link
โฌ๏ธโฌ๏ธโฌ๏ธ
tradingpatiently.com x.com
๐กLive trade with me FOR FREE so you can learn how a 7 figure funded trader thinks & trades in real-time..
At this link
โฌ๏ธโฌ๏ธโฌ๏ธ
tradingpatiently.com x.com
Loading suggestions...