Order blocks are a different way of looking at support/resistance and supply/demand. There are two possibilities how a trader can use the concept of order blocks to improve his chart reading and trading skills: 1) Identifying re-entry opportunities into reversal trades 2) Finding high impact price key levels Characteristics of a good order block Before we get into the details, let’s examine how an order block looks like and what characterizes a good order block. Here are the key points of an order block: An order block is created after a long and strong trend. The order block then looks like a market top or bottom ... (full story)