In this video we will look at Bitcoin weekly timeframe but this strategy work for 1h or 4h or 1d(timeframe must be greater than 1h)
The price had an impulse after my previous analysis and now the price is testing again the dynamic support on the daily timeframe. On the weekly timeframe, the price is going to create a triple bottom on 0.2$. the price has a Demand cluster of 0.20, and we could see a spike on it in order to grab new liquidity for the new bullish impulse How to approach? We are...
So, the fabled orderblock... what have I marked here? I'd advise you to go to your 5Minute Chart, and see what I have noted. Look at where price reacts from, if you backtest here, you should be able to understand.. WHY EVERY DOWNCLOSE/UPCLOSE IS NOT AN ORDERBLOCK.
entry on 1 min this is what i am looking for because market structure is bearish orderblocks marked by ob indicator. RR-13 on 15 min TF
IS IT STRUCTURE BREAK OR NOT? wait for confirmation and take entries when market comeback to orderblocks as marked by indicator. Entry have to be taken on smaller timeframe.