SPY - 15 minute chart - bearish order blocks
Major duhhh moment today. I've been looking for great entries, good rewards setups.
bingo! in a bearish enviroment, I am looking for a least 2 RED bars (good size). As it turns out, at least around a $.75 move down. Look for the previous bullish (green) bar; if price retraces to it, then sell.
My target will be the previous low.
Major duhhh moment today. I've been looking for great entries, good rewards setups.
bingo! in a bearish enviroment, I am looking for a least 2 RED bars (good size). As it turns out, at least around a $.75 move down. Look for the previous bullish (green) bar; if price retraces to it, then sell.
My target will be the previous low.
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Disclaimer
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.