Order Block
Order blocks refer to specific price areas where large market participants such as institutional traders have previously placed significant buy or sell orders.
Clusters of orders are present in these areas which can have an impact on price movement, liquidity, and market sentiment.
The concept of order blocks is a certain type of approach for...
Order Block
Order blocks refer to specific price areas where large market participants such as institutional traders have previously placed significant buy or sell orders.
Clusters of orders are present in these areas which can have an impact on price movement, liquidity, and market sentiment.
The concept of order blocks is a certain type of approach for...
ypher
The Cypher was discovered by Darren Oglesbee and though it is technically an advanced pattern formation, it is often associated with and traded alongside harmonic patterns. It has specific Fibonacci measurements for each point within its structure. The B point retracement of the primary XA leg lies between 0.382 and 0.618, the C point should be a 1.272 to...
he similarity between harmonic and basic chart patterns is that, for each of them, the shape and structure are key factors to recognizing and validating a specific pattern. The next price movement can thus be projected with the goal of turning these patterns into profits. However, a key difference is that harmonic patterns are defined more precisely. They are...
The similarity between harmonic and basic chart patterns is that, for each of them, the shape and structure are key factors to recognizing and validating a specific pattern. The next price movement can thus be projected with the goal of turning these patterns into profits. However, a key difference is that harmonic patterns are defined more precisely. They are...
