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.
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.
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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.