menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Entrepreneurship

>

Mastering ...
source image

Medium

1d

read

161

img
dot

Image Credit: Medium

Mastering Crypto Order Blocks (OB): A Complete Guide from Beginner to Pro

  • An Order Block is a price zone where large financial players place bulk buy or sell orders, leaving a strong footprint on price charts.
  • There are two types of Order Blocks: Bullish (at the end of a downtrend) and Bearish (at the end of an uptrend), acting as support or resistance zones respectively.
  • To trade Order Blocks, identify market structure, look for impulse moves, mark the last opposite candle, draw the OB zone, wait for price to return, and confirm entry criteria.
  • Order Blocks are more reliable than typical support/resistance lines, can be used in different trading styles, and are beneficial for long-term traders in predicting market movements.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app