In this section we will discuss what a price action order block is and how it is currently relevant to Bitcoin’s price action.
An Order Block is a trade location that has a cluster of price action, creating a liquidity pool. Once price action expands from the region, it automatically becomes support or resistance – hence a block,
This area once penetrated will...
Evening Traders,
In this educational post I will analyse how a price action level breaks and puts in a retest.
Assessing the chart, we have a clear Resistance on the left that was breached with an impulse break. The level was retested and confirmed as support with an S/R Flip Retest.
This shows strength in the price action; however volume was not evident,...
As you have probably heard do not trade against the trend. I'm going to assume you know what this means but if you don't read the bottom paragraph first.
Trading with the trend is obviously much more beneficial to us, and its clear why we shouldn't go against it. But have you tried being a trend trader? Aka a person who tries to identify trends and rides these ...
