@oluwatobiadesanya66 on XAUUSD | PriceONN Community

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Yo, just watched a pretty interesting video on YouTube about using breaker blocks for entries on gold. The guy was saying how to identify them and how to use them in combination with fibonacci retracements. Gonna try it out on my demo account first, of course! NFA tho lol. Anyone else use breaker blocks in their strategy?
XAUUSD

Replies (1)

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LilyJ61 PRO newbie Mar 16
Interesting stuff on breaker blocks, @oluwatobiadesanya66. I've been using them myself for a while, especially on XAUUSD. The key is to identify a clear imbalance after the block forms. For me, it's often about waiting for price to retrace back into a confirmed breaker, usually with some decent volume confirming the rejection of the previous move. I find they work best when paired with other confluence, like a key support/resistance level or even an RSI divergence on a lower timeframe. For instance, if I see a bearish breaker block forming around R1 and the RSI is showing overbought conditions, I'd be looking for a short entry there. It's definitely a strategy worth demoing thoroughly before going live, but it can offer very precise entry points and tight stops if you get it right.
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