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OB

A loss for me a lesson for you- Trading a bearish FVGReview this first to see the fair value gap: (1)Trades inside the -FVG (2) Rejects -FVG(MT) (3) Holds -FVG(L) Note: This is a high probability sign for moves higher, price trades inside the 4H-FVG. Once price is inside, the price trades to the 4H-FVG(MT) and trades back down to the 4H-FVG(L) and price holds for a continuation inside. (4) Prices trades through -FVG(MT) (5) Trades and rejects the -FVG(H) and -OB Note: This is where, and only where I should have entered for the sells that I attempted near the midpoint. We had already traded pass 4H-FVG(MT). After the failed entry, you should wait for price to reach the 4H-FVG(H) and in this case the -OB as well.
BLACKBULL:SPX500Education
by Cory4rex
How To Choose High Probability OBHello traders - In this example, we will explain how to choose a high probability OB for your entry. And what you need to pay attention to. - If you want to choose a good OB, you must read every detail on the chart and take into account everything you see so that you can determine whether your OB is the high probability or not. - One of the most important things we need to have with a high probability OB is the present momentum. When we see momentum, we know that the price has the potential to continue in the same direction. - Here you can see 2 examples. In one example, we have high probability OB, and in the other, low probability OB. - High probability example: On the left, we see a high probability example. Momentum is present, and the price is making strong BOS. When the price impulsively breaks through the high, as in this case, we know that the price has a great potential to continue in that direction. In the end, we see a good closing of the candle, the price did not leave a big wick and filled the entire bullish candle. In this situation, we have a high probability OB. - Low probability example: On the right side, we see a low probability example. Momentum is not present, and the price makes BOS weak. When the price weakly breaks through the high with wick, we know that the price no longer has momentum and will most likely change direction. We see a low candle close and a large wick which tells us that the price has no momentum. In this situation, we have low probability OB. If this example helped you better understand low probability and high probability OB, leave a like and follow us for more content like this.
Education
by hybridtradingfx
1
Order blocks and Breakers tutorial !!OB = ORDER BLOCK The LAST BULLISH or BEARISH cand before an IMPULSE up or down, represent an OB or Order Block. -Why do we call them order blocks and why are they important? Order Blocks are one type of supply and demand on the market, you can expect them to act as a support or resistance depending on the impulse after them. an OB is where larger players (whales, institutions, banks) have orders laying in wait for the price to return to a level they are interested in, so that's how they act as strong supply or demand areas. -Which OB is bullish and which one is bearish? the last bearish candle before an impulse up is a BULLISH OB . so we highlight that candle from tip to toe (wicks) and name it as our POTENTIAL support area. now you can guess how the bearish one looks: the last bullish candle before an impulse down is a BEARISH OB. NOTE: DO NOT BLINDLY BID/ASK AT THESE AREAS, THEY OFTEN TEND TO TURN INTO BREAKERS Now what is a BREAKER: Breaker is an OB that fails to hold and the price finally breaks through it -Just like OBs we have bullish and bearish Breakers: BULLISH BREAKER, when a bearish OB fails to hold as resistance and the price jumps above it we expect that area to act as support now. vice versa with BEARISH BREAKER, when a bullish OB fails to hold as support and the price breaks it to the downside we expect that area to act as resistance now. in my experience Breakers are often stronger than Order Blocks and the first retest on them is very successful and profitable for me. DYOR and backtest and find your own strategy. and by the way, if you find these information useful please leave a like and comment, thanks ;)
Education
by CryptoSep
13