From now till December 31 , bitcoin would range 70k to 60k 🏌

Let go get the bags boys ! 🏌

If u want to improve your studies on this financial market , my just concluded general class recorded mentorship videos is available,
If u are a professional trader , and u want to learn more , advance more into the banking and Algorithmic world
Or u are a complete newbie and don't know how to go about this market , or u struggle in going about it ? , dm and book a slot for the upcoming General class mentorship, or u enrol for the one on one mentorship, ❤️

Soon , I would be considering splitting my general class or one on one mentorship into 3 sections

Newbies
Professionals
Masters

This in under serious consideration 🏌

Good boy , good boy 🏌

Study

A long ride ,

Sighs ,

Two possible bullish reaction area on cadjpy

Order block , order block , order block.
Folks complain there are too plenty an ob in charts , to spot the right one is almost impossible,

Let me help u A little. Make sure u back test it ,

A valid ob that will reject price almost all the times are obs that
1 the expansion breaks structure
2 takes out liquidity before price runs aways ..
Go and have a nice weekend eating this 🏌

Well well , characteristics of obs are usually
1 there should be a running aways from the last negative candle
2 there should be an imbalance around the obs ,
3 there should be liquidity around it and all that ,
Yes yes you are not wrong too ,
But every female is attractive , but men go for ladies that is attractive to their eyes ,

In the eyes of the algorithm, this is very most attractive to its eye

That ob that broke the previous structure 🏌

And yes , there's more to ob that meet the eye

Yes this can also fail too , if u are doing the right thing at the wrong time ,
What invalidates a valid order block ?

You as a trader would have noticed plenty times , price wicked that ob before going my way ! , price broke that ob before going my way , bla bla bla ,
What makes this happens ?

A proverb my mom told me when I was young that became a principle in my life , she said ....
Michael , if u are doing the right thing at the wrong time , u are wrong , if u are doing the wrong thing at the right time, u are wrong ,

I applied this to the market and you see , u can be seeing the right thing , doing the right thing , but if u are doing it in the wrong environment, or doing it at the wrong area or time , u are wrong ,

U can see the best of setups , the best of rejection areas , every thing can align for u , but if u are doing it , or seeing it right in the wrong place , area or environment, u are wrong ,

So what happens to obs that we possibly see right , but we eventually fail at it ?

1 the wrong environment , if u are in a bearish environment, and u spot a bullish order block that matches all criteria in the world , that order block would possibly fail , or engineers then fail

2 principle of double rejection block., this states that when ever u spot two rejection areas , the job of the algorithm is to (a) break the first rejection area for the one lower , (b) use the first rejection area to engineer liquidity for the second one lower ,
So when u spot an ob in the right environment, always check out for principle of double rejection, because if there are two obs arranged , one higher the other lower , price can do (a) and (b) listed above

3 obs that are packed close to each other , algorithm would likely wick the first one lower to the second one ,

Enjoy your week playing round this 🏌

Number 2b , price use the first ob , engineered both Bayside liquidity and sell side liquidity for the one lower ,

Amplify your imagination

2a , price tears thru the first ob for the one just lower before going higher,

Take note of the first one , it broke the previous structure right ? See how price tore thru it ?

Number 3 🏌

Have a nice time making more research

Number 2 , look closely 🏌

One more