Most people look at the market through a single tool — the chart.
Candles rise → 'bull trend'. Candles fall → 'bear trend'.
But this approach has one problem:
> 📌 The chart is a consequence.
> 📌 And the decision is made by those who see the reason — the order book and liquidity.
And while some draw lines on candles, others simply watch how real orders move.
## 1️⃣ The chart shows what has already happened
The candle is a story:
- where purchases were made,
- where sales were made,
- what the range was.
There are no answers on the chart:
- who is behind the movement,
- are there still buyers left,
- is there resistance above,
- how thin the market is inside.
The chart is a photograph.
And the market lives in real time.
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## 2️⃣ The order book shows where the market can break
The order book is:
- real limit orders for buying and selling,
- levels where large volumes are located,
- liquidity density.
Through it, it is visible:
- where the 'walls' of sales are located,
- where large buyers hide,
- how easy it is to push the price up or down.
Sometimes the chart is calm,
and in the order book, it is already visible: it takes just one large order to break a level like paper.
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## 3️⃣ Why big players look at the order book, not indicators
A large volume cannot be executed 'quietly'.
It always reveals one of two things:
- abnormal volume,
- changes in the order book and the tape of transactions.
Large player:
- does not draw triangles,
- does not argue with RSI,
- it assesses how much liquidity is needed to move the price.
And if the order book is empty — just a bit of aggression is enough to cause a pump or squeeze.
If the order book is dense — the market will 'chew' levels, not fly.
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## 4️⃣ How the undervaluation of the order book impacts the deposit
Typical scenarios:
- False breakout.
On the chart — a beautiful exit from the range.
In the order book — thin liquidity and emptiness behind the level. One order pushes the price up, collects stops, and returns it back.
- Squeeze in a thin market.
Outside of sessions or with low capitalization, a candle looks scary.
There were only a few orders in the order book, and the movement was made literally 'in empty space'.
- Entry into resistance.
The trader sees a 'trend reversal',
and in the order book above the price — heavy walls that no one intends to break.
The conclusion is one:
the chart promised a trend, the order book showed a dead end.
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## 5️⃣ What to do about this for an ordinary trader
There is no need to become a cyber-scalper. Basic discipline is enough:
1. Always open the order book before entering.
Look, is there life there: volumes, walls, density.
2. Compare the thickness of demand and supply.
If it's empty at the bottom and full of sellers at the top — an entry 'with the trend' can become an entry into a wall.
3. Look at the spread and volatility.
A spread that is too wide and 'jagged' deals in the tape — a sign of a thin, risky market.
4. Remember the behavior.
After a couple of dozen observations, you will start to feel,
when the movement is supported by liquidity,
and when — it's just a spike in empty space.
## 🎯 Conclusion
The chart is needed. But it is the last layer of information.
> 🔍 **The chart tells what has already happened.
> The order book shows what the market still has to do.**
While most discuss candles,
we continue to analyze the mechanics of liquidity — where real price movements are born.
