I’ve been reading/listening up on order blocks, sounds good I thought. So when the opportunity to try one out came I gave it a go.
It was a buy order block as seen above, I had drawn it in a higher time frame than shown here. I duly waited for the price to come back down then placed a trade.
Sadly the price eventually went in the wrong direction as you can see below. Luckily I got out early whilst it was still positive.
I guess they don’t always work. I’m not actually sure I had a decent signal candle, that’s something I need to understand better.
