#TradeLessons
before using or going next to 1 hour or 5 minute time frame , first try to understand , what is order block , New traders mostly compare this term with Micheal , which is not true and they event not know or properly understand what this term basically means
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First thing to clear, the term order block is not invented by Micheal , but because due to his work on this specific term , this is a concept that this is invented by Him
In simple words to explain order block , you can say that if a market going into one direction , at certain point we will see reversal of that direction, in one single candle , after that again market resume to that direction , and the area of that specific area known as order block/
now again lets talk about $NOT coin , One hour and 5 minute time frame
Mostly people use 5 hour and 15 minute time frame combination to best result , but in crypto the thing I noticed that if you one hour and 5 minute combination that will be wonderful,
why one hour time frame?
In one hour time frame you will clearly see how market follow order block , and five minute to take position lets see chart to understand first one hour time frame
if you open one hour time frame chart of not , you will see it s head and shoulder pattern which I explain in pervious post , now to clear understand same chart in one hour time frame, you see when price in head and shoulder cross neck line , previous resistance become now support line, you can see three circles and you can see clearly bullish reversal in last circle , now the question is why we see a bearish reversal when price already cross a neck line , for this lets see order block in same time frame ,
this subject gona be lengthy lets meet in next post #TradeLessons