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Forex Order Blocks Guide With Charts

Order blocks in Forex trading are price areas where large institutions place significant buy or sell orders, serving as strong support or resistance levels. Bullish order blocks indicate potential buy opportunities, while bearish order blocks signal sell opportunities. Traders utilize these zones to identify high-probability trade setups when prices revisit them.

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obisesan phillip
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118 views1 page

Forex Order Blocks Guide With Charts

Order blocks in Forex trading are price areas where large institutions place significant buy or sell orders, serving as strong support or resistance levels. Bullish order blocks indicate potential buy opportunities, while bearish order blocks signal sell opportunities. Traders utilize these zones to identify high-probability trade setups when prices revisit them.

Uploaded by

obisesan phillip
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Understanding Order Blocks in Forex Trading

1. What is an Order Block?


An order block is a price area where large financial institutions place significant buy or sell orders.
These areas often act as strong support (demand) or resistance (supply) levels. Traders watch
these zones for potential trade setups when price revisits them.

2. Bullish Order Block (Demand Zone)


- Price consolidates before a strong bullish breakout.
- The last bearish candle before the bullish move is the order block.
- When price returns to this area, it often finds support and moves up.
- Traders enter a buy trade at this level, setting stop-loss below the order block.

[Insert Bullish Order Block Chart Here]

3. Bearish Order Block (Supply Zone)


- Price consolidates before a strong bearish drop.
- The last bullish candle before the bearish move is the order block.
- When price returns to this area, it often finds resistance and moves down.
- Traders enter a sell trade at this level, setting stop-loss above the order block.

[Insert Bearish Order Block Chart Here]

4. Why Do Order Blocks Work?


- They show where big institutions placed their orders.
- These zones often act as strong support or resistance.
- Traders use them to enter at high-probability trade levels.

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