🔹 What is #Order_Block ?
It is an area on the chart where market makers or financial institutions place large buy or sell orders. This area is often the starting point for a strong directional movement, which is why it is considered one of the strongest technical areas to rely on in trading.
Goal: Professional entry from institutional entry areas to enhance profit opportunities.
For example, a buy trade (Bullish Order Block):
1. Look for a strong and clear upward movement
A strong green candle clearly breaks a previous high price.
2. Identify the last bearish candle before this upward movement
This candle is #Bullish_Order_Block .
3. Wait for the price to return to this area
Do not enter directly; wait for the price to retest the area.
4. Enter a buy trade after the price bounces from within the Order Block
(Optional) Additional confirmation: Wait for a strong bullish candle to appear (like an engulfing candle).
5. Stop loss (#StopLoss ):
Place it below the lowest point in the Order Block (below the tail of the last red candle). #strategyBTCpurchases