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Daily order blocks mark where price should hold to stay bullish. If price closes below the order block, the rally is over. Using daily charts filters out the noise of smaller timeframe moves.
Daily order blocks mark where price should hold to stay bullish. If price closes below the order block, the rally is over. Using daily charts filters out the noise of smaller timeframe moves.
The daily chart.
To see if that scenario is indeed, you know, something that can happen to kick things off. We have this bullish.
Order block over here on the daily.
Chart, and for prices to continue higher, you do not want to see price break below this.
Order block and you can sweep below it. Just like what you did with this candle does.
Not invalidate.
The order block at all. But ideally you do not want to.
Be closing below this. Now, even if it does close below.
Though, the.
Fact that we have done our higher time frame analysis is also the importance of what I want to do. You know, we want to start things off in the higher time frame so that we are never getting lost in the lower time frame noise.
