SPY - 15 minute chart - bearish order blocks
Major duhhh moment today. I've been looking for great entries, good rewards setups.
bingo! in a bearish enviroment, I am looking for a least 2 RED bars (good size). As it turns out, at least around a $.75 move down. Look for the previous bullish (green) bar; if price retraces to it, then sell.
My target will be the previous low.
Major duhhh moment today. I've been looking for great entries, good rewards setups.
bingo! in a bearish enviroment, I am looking for a least 2 RED bars (good size). As it turns out, at least around a $.75 move down. Look for the previous bullish (green) bar; if price retraces to it, then sell.
My target will be the previous low.