Smart money concept ( BITCOIN )
Order blocks (OBs) are areas where the institutions/smart money/ banks entered the market and moved price higher or lower with massive volume. Huge institutional orders are accumulated in these areas resulting into the big moves which you see in the market.
This is the most important part to this
concept ! Everyone and their Mans should
know m arket structure .
*
a (BOS) - Break of Structure
prefer when a candle body
To confirm if trend is bearish you need :
1 Impulse → The impulse needs to break
Structure
2 Retrace → You need a retrace
that is
the impulsive low
Hope u all understand
This is the most important part to this
concept ! Everyone and their Mans should
know m arket structure .
*
a (BOS) - Break of Structure
prefer when a candle body
To confirm if trend is bearish you need :
1 Impulse → The impulse needs to break
Structure
2 Retrace → You need a retrace
that is
the impulsive low
Hope u all understand
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