What is the order block trading strategy?

Order blocks are particularly useful in identifying potential support and resistance levels. When a large number of buy orders accumulate at a specific price level, it creates a support zone, indicating that the market may struggle to fall below that price. Conversely, a concentration of sell orders forms a resistance zone, suggesting that the market may struggle to rise above that price.

Trading involves various technical concepts, one of which is the order block. An order block represents a significant price area on a chart that has been marked by large institutional traders placing substantial buy or sell orders.

The presence of these order blocks indicates a high level of interest and commitment from these influential market participants. They often serve as crucial reference points for traders, as they can provide valuable insights into the market's sentiment and potential future price movements.

Analyzing order blocks can help traders make more informed decisions about when to enter or exit a trade. By recognizing these key price areas, traders can anticipate potential price movements and adjust their strategies accordingly.

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