Ever wonder why price sometimes bounces from a spot on the chart that looks like nothing special? Often there's a single candle hiding there, and traders call it an order block.
In This Video
- 0:00Intro
- 0:28What an order block is
- 0:57Bullish and bearish order blocks
- 1:26How to mark it: full range or body
- 1:58What makes it stronger
- 2:31Fresh or tested: the first return
- 2:56How traders use it: wait, then a reaction
- 3:24Stop, target and a worked example
- 4:11Common mistakes
- 4:41Quick recap and a note on risk
Full article coming soon. Watch the video above for the complete lesson.