2024-12-19 07:55
IndustryOrder Blocks and Supply/Demand Zones
Order blocks represent areas where institutional traders execute large orders, creating significant market moves.
1. Identifying Order Blocks
Look for consolidation zones before a strong price breakout.
Mark the range of the consolidation as the order block.
2. Trading Strategies
Wait for price to revisit the order block.
Enter trades based on confirmation signals like engulfing candles or trendline breaks.
Like 0
classic8229
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
Order Blocks and Supply/Demand Zones
Hong Kong | 2024-12-19 07:55Order blocks represent areas where institutional traders execute large orders, creating significant market moves.
1. Identifying Order Blocks
Look for consolidation zones before a strong price breakout.
Mark the range of the consolidation as the order block.
2. Trading Strategies
Wait for price to revisit the order block.
Enter trades based on confirmation signals like engulfing candles or trendline breaks.
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.