WHAT IS ORDER BLOCK IN FOREX TRADING? Order block is a
significant level on a price chart where
buying or selling activity has occurred in the past, indicating high liquidity and accumulation of positions by large market participants.
These levels can be
identified by looking for
sharp price movements followed by
consolidation or sideways movement.
Traders use order blocks to
identify potential areas of support and resistance, helping them to anticipate price reversals or breakouts.
By monitoring price action around these levels, traders can
gain insights into market sentiment and make informed trading decisions.
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