Bearish Order Block: A Thorough Analysis in 2024
- Identify bearish order block as mentioned in previous post.
- Go to lower time frame to check consolidation phase and mark its support level.
- Check point where price went below support level and comeback to retest.
- Enter short trade once it breaks below again.
- so now we have 4 confluences for short entry.
1. 4 Hour's Bearish OB
2. Price Consolidation at lower time frame.
3. Retest of price
4. Breakout in short direction.
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