🧵(1/10) Let's dive into "Orderblocks" and related concepts:

1. What is an Orderblock?

An Orderblock represents a specific price range on a chart where a large number of buy or sell orders are executed. These zones often mark areas of significant support or resistance.

2. Bullish Orderblock:

In a bearish trend, a Bullish Orderblock appears as a region where buying pressure surges, suggesting strong support. Specifically, it is the last series of down candles before a significant upward move. These blocks typically act as support levels. Traders should consider taking LONG positions within these blocks.

3. Bearish Orderblock:

Bearish Orderblocks emerge during an uptrend, signaling a potential trend reversal. They represent areas with substantial sell orders and act as resistance. Following the formation of a Bearish Orderblock, prices often create lower highs. Traders should consider SHORT positions at these resistance levels.

4. Bullish Breaker:

A Bullish Breaker occurs when a previous resistance level is breached decisively, transforming into a new support level. This pattern indicates upward momentum, signaling a potential bullish trend. Watch for confirmation to capitalize on the trend and use Bullish Breakers as support levels.

5. Bearish Breaker:

A Bearish Breaker happens when a former support level is broken, now acting as strong resistance. This pattern indicates downward momentum and often follows the failure of a Bullish Orderblock. It suggests a bearish trend and is a signal for potential selling opportunities.

Feel free to ask if you have any questions or need further clarification!