moonchild
VIP Contributor
Forex trading is all about concepts and today we'll talk about order block, what does it mean, it means when a price comes to a major support or resistance it'll continue to move for a few pips around 10-15% and then a opposite candle will print, now, the distance between the previous candle and the new one, is an order block.
Most times when price prints an order block, there's a tendency of price coming back to the place and retesting the zone, so it can provide a high risk to reward trade that can give you a large number of pips.
Most times when price prints an order block, there's a tendency of price coming back to the place and retesting the zone, so it can provide a high risk to reward trade that can give you a large number of pips.