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Bearish Order Block: A Thorough Analysis in 2024

By T-Q

  • 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.
bearishorderblockChart PatternsHarmonic PatternsictictconceptsictorderblockinnercircletraderTrend Analysis
T-Q

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