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Ordeblock

The Dollar retracement coninues.Hello traders, In the month of September, the low of the month was created at a very significant level which was also the High of July. Since mid-September, there was an expansion in price which was then followed by consolidation in price and a retracement as we ended the month. The price seems to be at a premium as it has not gone below the 50% mark. This means it's ideal to look for a sell as the price trades lower into the BuOB and the FVG level. Good luck 💥
TVC:DXYShort
by El_Chapo_Jr
1
BTCUSDT High Time Frame Oder Block 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 act as a range, causing a period of price action oscillation. The Order Block can be dissected into three sections, the high (resistance), the low (support) and the middle (equilibrium). Whichever region price action breaks from will lead to a continuation or a reversal in the overall trend. In essence, Bitcoin can remain trading in the Order Block before until decisive bottoming or continuation structures are developed. Hope this educational peace helps!
Education
by AzizKhanZamani