Technical Analysis Post 1# Orderblock
What is an orderblock and how does it affect my entries?
An orderblock is a set of strong buy or sell orders generated by whales or people with large investment capital to move the market.
There are 2 types of orderblock, the bearish and the bullish, and generally it can be marked as the candle before the movement.
They are areas where the price fights and the probability that our trade is a winner is greater.
When marking an orderbloc$k, concepts such as market liquidity, price action and risk management must be taken into account.
It is important to know that the longer the graph is in time, the more likely it is. I recommend using the strategy in h4.
Thank you very much for reading the complete post and I will be publishing this series of information so that we can all benefit from this market. Greetings and we will see you tomorrow.
