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What is OrderBlock ⁉️

Formación
FX:GBPCHF   Libra esterlina/Franco suizo
‼️ Order Blocks are candles where Market Makers (Banks) have placed their positions, generally, the market returns to those candles and they are never violated.

There're 2 types of Order Blocks:
1. The Bullish Order Block is the last bearish candle before the bullish movement, that Break The Market Structure Higher. Represents a high possibility of holding the price, when the price returns to it.
2. The Bearish Order Block is the last bullish candle before the bearish movement, that Break The Market Structure Lower. Represents a high possibility of holding the price, when the price returns to it.

CHARACTERISTICS OF TRADABLE ORDER BLOCKS
1. OB SHOULD BE AT/NEAR SUPPORT/RESISTANCE
2. OB SHOULD BE AT/NEAR FLIP ZONE (Good for reversal entries)
3. OB MUST BREAK THE MARKET STRUCTURE
4. IMBALANCE AFTER CREATION OF OB MUST BE 2 TIMES THE OB + RISK REWARD MUST BE 3 TIMES THE OB
5. THE OB MUST TAKE OUT AN OPPOSING OB
6. BERISH OB MUST BE ABOVE SSR AND BULLISH OB MUST BE BELOW THE SSL
7. BULLISH OB ABOVE EQH.
8. BEARISH OB BELOW EQL.

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