@JamesSmith on BTCUSD | PriceONN Community
Anyone else struggling with identifying proper order blocks in this choppy BTC market? I've been reading up on ICT concepts and trying to apply them, but sometimes it feels like I'm just guessing. I see the price hovering around 74175 now, and the 200 SMA is lower around 71421, but where's the real institutional interest?
I'm trying to figure out the best way to spot these zones consistently. Are you guys using specific indicators to confirm them, or is it purely price action reading? I've looked at volume profiles, but it's still a bit fuzzy. Any tips on how to distinguish a valid OB from noise would be hugely appreciated. Just want to get more confident before I start risking capital on them. Cheers.
I'm trying to figure out the best way to spot these zones consistently. Are you guys using specific indicators to confirm them, or is it purely price action reading? I've looked at volume profiles, but it's still a bit fuzzy. Any tips on how to distinguish a valid OB from noise would be hugely appreciated. Just want to get more confident before I start risking capital on them. Cheers.
Replies
Hey @JamesSmith, I feel you on the order blocks. I keep trying to find them too but it's like chasing ghosts. I think I bought at the highest point yesterday and now I'm just watching it bleed. My biggest mistake is probably FOMOing into trades without really knowing what I'm doing. Like, I saw the price going up and just jumped in, totally ignoring any kind of analysis. Total beginner move, I know.