3 Trading Patterns for Profit — Step-by-Step Guide & Transcript

[00:01] first are the classic order blocks. An order block is the last like this one we have here. In this candle there were so many purchase orders that not all of them were fully executed. That's why, when the

[00:15] price returns to that area, it will push back in the direction it was able to place our buy orders at the top, our stop loss at the bottom, and try to take profits above the previous highs. In

[00:29] this way, as you can see, a profit of 4.23% was generated by applying this simple classic order block method. Other times we will detect order blocks, such as here, where we see this last

[00:42] strong downward movement, where the price will not respect it and will simply continue upwards. This type of order block is known as a just like a classic order block, but in reverse. Therefore, when the price

[00:56] returns to that area, we will take our position in the opposite direction, that is, upwards, placing our stop loss at the lower end and our take profit above the previous high, that is, in this

[01:08] area. As we can see, we were able to generate a profit of 2.6% by applying this other hand we will also find Far Varior gaps, which are basically candles that leave their left and right sides uncovered, creating a

[01:22] void. These gaps, like the one we can see here, basically try to be touched again as an order block and the price continues its movement in that this was fulfilled perfectly, as it was also fulfilled in the future,

[01:36] since the Far Cup shrank, but in the future it was covered again and the price dropped again. and it even reached this area again where we have a broken orderlock that we saw in the previous example and also a

[01:48] If you want to learn more a full video I have on my YouTube channel.