Glossary Letter: O

Oversold describes a condition where recent downward price movement has been strong compared with recent upward movement.
Overbought describes a condition where recent upward price movement has been strong compared with recent downward movement.
An oscillator is a technical indicator that moves within a defined range, often used to observe momentum or market conditions.
Order flow is the stream of buy and sell orders that helps determine short term price movement.
Order types are instructions that define how and when a trade should be executed.
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