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7 lower timeframe order block refinement

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Lower Timeframe Order Block Refinement Created July 22, 2021 740 PM Tags So first thing we need to do with OBs is we can refine them down when possible. So its important for us to note where that momentum has come into the market. Meaning where have the institutions previously got in. Because what happens is wherever that momentum started, price will usually come back to that area to mitigate and then for price to continue its move, wheter that be to the upside or to the downside. The reason why refining OBs down on LTF is beneficial to us is because it tightens our AOI, meaning we can get in more precise with a tighter stop loss, and usually decrease our drawdown on a trade. It will also give us the chance to increase our RR on our trades, so we can get a better return. Now the examples show and OB refinement. So lets start, this is showing a 1h bullish OB. So we had this BOS, this is the last down candle before the up move that BOS. So this would be our OB, we take the high and the low. So here our stop is 10 pips. Now if we look at a 15m perpective as we can see, this is what we could be seeing when we drop down from a 1h to a 15m. Take a look at how we are able to refine our OB an decrease our area. Lower Timeframe Order Block Refinement 1 So this is what we can see on 1h, and I know its only 3 candles but when we drop down to 15m we can look at right where is that momentum come into the market. In this example is this candle here which also BOS, this is the ...
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