Master-Jedi-Trader

DUMB MONEY Creates ORDER BLOCKS

Short
OANDA:EURUSD   Euro / U.S. Dollar
This Sell 🔽 Schematic on #EURUSD 🇺🇸shows how a #Bearish Order Block is created -

The impulse move against the trade is the #OrderBlock being established. This Impulse move will trap
DUMB MONEY (Traders who don't have a clue. We've all been there:)

After Dumb Money chases the trap -It will be a LONG Candle ; immediately the OB is established - anticipate the #DrawPlay aka Swing High or Low to be created.

The Draw on #Liquidity will be engaged and the #Algorithm will begin attacking #Liquidity and #Imbalances in the direction of the trend from the area of consolidation.

When you understand Price Action it gives you a huge Edge when trading the markets.!

Never over Leverage. Trust your Trade Set up.

Have a Great trading Day!

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.