A long entry based on a 1H bullish order block. I marked out the bullish 1H order block and when price returned near it, I drilled into the 5M chart. Price was ranging but then formed an impulse higher high. I identified the bullish 5M order block from which this move originated. I waited for a retest and entered when price hit the top range of the 5M orderblock.
My stop loss was just below the 1H order block.
My take profit was just under a potential 1H bearish order block.
My stop loss was just below the 1H order block.
My take profit was just under a potential 1H bearish order block.
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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.