DJC

ICT +OB & FIB OTE

FX:GBPUSD   British Pound/U.S. Dollar
37 3 1
Whilst 79% would be the sweet spot OTE             we had a significant level of 1.5140 here within the +OB ( Bullish Order Block).

This was a very nice setup to a major hourly -OB.

Awaiting our next move patiently.

Related Ideas

John_Woolnough
a year ago
great analysis ..... how do you define/locate the Order Blocks???
+1 Reply
DJC John_Woolnough
a year ago
Hi John,

When you see a BIG move / look before the move happened and find the last opposite candle before.

Example:

If price shoots up very quickly we can identify this as institution money / smart money making a move. So say there are then 3 big green candle bars UP.
We look for the first bearish candle down before the big move happened.

There are some rules and negations you need to study.

I would council you to refer to my teacher and his web site Michael J Huddleston ICT:

http://theinnercircletrader.com/Tutorials.htm
Reply
John_Woolnough
a year ago
Thanks DJC that is really helpful, I will take a look at the tutorials. Do you mind if i send you a private message regarding the method of analysis? Regards
John
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