Order blocks occur when there is a high amount of market orders exist on a price range.
The high & low volume of order blocks should be taken into consideration while determining their strengths. The determination of the high & low volume of order blocks are similar to Fair Value Gaps, in a bullish order block, the high volume is the last 2 bars’ total volume, while the low volume is the oldest bar’s volume. In a bearish order block scenario, the low volume becomes the last 2 bars’ total volume.
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