Educational Analysis says EURCAD Orderblock according to my study.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Although it is in an uptrend, the market may come up to collect sell-side liquidity and fill fair value gaps. WHY? It will go short at that marked level of Orderblock?
Because the First Sign it is a Change Of Character, We Traders call it a (CHoch)
The 2nd Sign is a Market Structure Shift, Which means More Selling Power to the traders.
Now Waiting for the pair to come up to the Orderblock level.
and Shoots Down to the level Where it breaks the Structure to the recent new low.
The black box is the Order block
The Blue line is the Trendline
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Although it is in an uptrend, the market may come up to collect sell-side liquidity and fill fair value gaps. WHY? It will go short at that marked level of Orderblock?
Because the First Sign it is a Change Of Character, We Traders call it a (CHoch)
The 2nd Sign is a Market Structure Shift, Which means More Selling Power to the traders.
Now Waiting for the pair to come up to the Orderblock level.
and Shoots Down to the level Where it breaks the Structure to the recent new low.
The black box is the Order block
The Blue line is the Trendline
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.