SMC | BEARISH ORDER BLOCK STRATEGY PART 1
Chandan Gupta
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Description
With a bearish block order, the market behaviour is the opposite. Following an uptrend, engulfing is formed in two candlesticks. From the last ascending candlestick, you draw a rectangle to the right that defines the price target price zone.
Once entering a Sell trade, place the stop loss above the high of the Bearish Order Block. Then aim for the price target of the Liquidity Pools below the old lows.