Order Blocks Part 2

Order Blocks Part 2Lesson 9 of 114 min read

When price never arrives

Sometimes the pullback stops short of the block and the move leaves without you. The honest answer is that there was no trade.

Everything so far assumed price comes back. Often it does not, and that case needs its own lesson.

The pullback stops short

You mark the block, you wait, and price turns below it and leaves.

The block runs from 2,420 to 2,440. Price rallies to 2,415, stalls there, and falls to 2,396 without ever entering the range.

Figure 1 · A gold chart with the 2,420 to 2,440 block boxed and price pulling back only to 2,415 before falling away to 2,396

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