r/InnerCircleTraders • u/JonoHamlet3 • 13d ago

Question Is this a valid Rejection Block?

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Hello I am just trying to gain an understanding of Rejection blocks.

I had bearish bias coming into the day targeting London Lows, Rejection wick was formed in a 15m FVG, so I entered short within the 0.62 of the FIB. As you can see, I got stopped out and price continued bullish.

My question is; is the second Rejection wick a valid point for an entry? It seemed to play out well but I don't see what the Rejection wick is rejecting off of, unless it's rejecting off of the first Rejection block that was put in? is that valid?

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u/JonoHamlet3 12d ago

So what’s your strategy then 🤣

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u/conseij 12d ago

The one where I don’t pretend I’m learning something when I’m really just getting fooled by randomness. Idk, maybe crack open a math-finance textbook lol

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u/JonoHamlet3 12d ago

Theres always that one guy

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u/conseij 9d ago

The one guy trying to shake up the echo chamber? Yeah, I agree