GUIDE TO FOReX PRICE

ACTION.

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 Forex Strategy Guide Book To Setting Up Profitable Trades.

By Manqoba Jiyane

Table OF Contents
➢Introduction to Order Blocks
➢Bullish Order Blocks
➢Bearish Order Blocks
➢Breakers
➢ Mitigation Blocks

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 INTRODUCTION TO ORDER BLOCKS
(OB’s)

What are Order Blocks?? How do they work?? How do you identify
them?? These are the questions that I we will be answering in this
document.

First of all, “What are Order Blocks?? Now what I’m about to tell you might
be confusing at first especially if you have already adopted another form of
trading. I say this because experience has shown that adopting this form of
trading after being in the game for a while, takes time.

How do they work?? Now Order Blocks are levels used by institutions for
buying and selling in the market.

How do you identify them?? These levels are represented by certain candles,
which make it easy to trade them. That is, they give us specific entries and
stoploss.

So, Order blocks are specific candles that create smart money buying and selling.
These are up close and down close candles. There are four different types of
order blocks that are most important, namely Bullish Order Block, Bearish Order
block, Breaker, and Mitigation Block.

NB: The Bullish OB and Bearish OB are found at previous lows and highs
respectively. And Mitigation OB and Breaker OB are located at the middle of a
price movement.

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 BULLISH ORDER BLOCKS

So, like I said, bullish and bearish OB’s are located at previous highs and lows in
the market, or on our charts. Now let me further explain about Bullish OB’s…
1. They are located at swing lows of the market.
2. They are the last bearish candles
3. They are called bullish because they push price upwards.
4. And they are best identified by bullish engulfing patterns, and three inside
up.
NB: Base your focus mostly at the bodies of the candles. Use the following link
to learn more about common candlestick patterns
https://phaniinvestors.files.wordpress.com/2017/09/candlesticks-reversal-
patterns-to-support-fibonacci-levels.jpg

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 Check EURUSD pair from 2019.10.01 09:00 to 2019.10.21 14:00 to see everything.
And to learn more, contact me @theonewhoconquerz
Or if you want free signals, click https://t.me/theonewhoconquers

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