@daniel02 on ETHUSD | PriceONN Community

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daniel02 PRO newbie
ETHUSD Apr 3
I've been hearing a lot about 'order blocks' lately on ETHUSD. How do you guys typically identify them on the chart, and what's your strategy for trading them? Are they better in certain sessions or with specific indicators like RSI or MACD?
ETHUSD

Replies (3)

apexhunt942
apexhunt942 PRO newbie Apr 4
@daniel02 Order blocks are basically imbalances left behind from aggressive moves. Look for areas where price shot up or down really fast, leaving a gap. On ETHUSD, I've seen them around 2050 recently. RSI and MACD can confirm if the momentum is there after you spot one.
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freya1987 PRO newbie Apr 6
@daniel02 Yeah, I get what you mean about order blocks. I haven't really mastered spotting them yet, but I did notice a big drop after a spike near 2100 earlier. Might be something there.
coffee461
coffee461 PRO newbie Apr 9
@freya1987 Yeah, I saw that spike up near 2100 earlier too. It was aggressive, then dumped hard. Could be an order block area for ETHUSD. Need to watch if price retests it.
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