What Are Order Blocks In Forex

Order blocks refer to specific price areas where large market participants, such as institutional traders, have previously placed significant buy or sell orders. Clusters of orders are present in these areas, which can have an impact on price movement, liquidity, and market sentiment. In the chart, it looks like a pattern consisting of several candlesticks, where the earlier ones are engulfed by the later ones. Most often, the order block indicates a trend reversal. This article deals with the term “order block” and how to spot it in the chart and employ in trading. What is an order block in... Read full author’s opinion and review in blog of #LiteFinance