Good evening all….
So the images above are based on the principle of blocks that appear in price. This was discussed in today’s master class session.
What is a block?
A block consists of vector candles that is deviating away from the moving average. In particular the 50 ema…
These blocks appear everywhere on the 1m time frame, but also on higher time frames.
The practise of finding blocks will help you understand what the market maker is trying to do at a particular zone.
You are looking for a price to move away from the moving averages to establish a block.
A block would be the formation of a Tattoo pattern.
Once price has move away from the moving average, you will see vectors appearing, the moment price pulls back it should by principle pull back to the 50 ema…It is at the 50 ema where the confirmation of the trend will present itself. (Refer to image labelled Bitcoin 50 ema test)
Over the weekend, pull up as many block moves as you can…try from the 1m time frame and work your way up to the 15m time frame.
The purpose of this practice is once you have done this exercise enough, you will then be training the eyes to be prepared to see it develop before it becomes a block….
I will be placing some live trades based on this principle and will show you how i would do it in real time…
Catch you in tonights live….
Mad Love T
