Structure
Order Block (OB)
A price zone where institutions placed aggressive orders before an impulsive move. It is the last opposing candle before a strong displacement.
Related indicator: Elite Order Blocks V4 View indicators
What Is an Order Block
An Order Block (OB) is the last bearish candle before a bullish impulsive move, or the last bullish candle before a bearish impulsive move. It represents the zone where institutional money (banks, hedge funds) accumulated positions before aggressively moving price.
How to Identify It
- Locate a strong impulsive move (displacement) that breaks structure.
- Look back to the last candle that moved against the impulse. That candle is the Order Block.
- Mark the zone from the open to the low (bullish OB) or from the open to the high (bearish OB).
- A valid OB must have a Fair Value Gap or displacement candle immediately after it.
How to Use It in Trading
- Wait for price to return to the OB zone after the impulsive move.
- Look for confirmation on lower timeframes (rejection candle, CHoCH on a smaller timeframe).
- Place your stop loss below/above the OB, and your take profit at the last high/low or at an opposing liquidity level.
- OBs in Discount zones (below the 50% level of the range) have a higher probability of reaction.
Key Considerations
- Not all OBs are equal: those that form after a liquidity sweep are stronger.
- An OB that has already been tapped once (mitigated) loses strength. Fresh (untouched) OBs are preferable.
- On higher timeframes (4H, Daily, Weekly), OBs carry greater significance and durability.