https://www.tradingview.com/x/AJ6DcBrH/ Currently, the trend for gbpjpy is down and has only been up for 15 minutes. Here I have two scenarios, the first is more risky and the second is less risky. Scenario 1: This scenario is a bit riskier because it is against the trend of higher time frames. Enter with less volume. After hitting the 15-minute order block zone with confirmation, we enter a buy trade. Scenario 2: This scenario is less risky because it is in the same direction as the trend of higher time frames. After breaking the 15-minute order block zone, we wait for a retest and enter with confirmation, we enter a sell trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.