Where orders filled
The name is literal. An order block is the range of prices a large position was filled across, drawn as a box on the chart.
The name says what the thing is. It is worth taking apart, because the name is also the reason it works.
Orders, and a block of price
Module 8 said a large position can only be filled where a lot of orders are waiting on the other side.
While gold rose from 2,420 to 2,440, buyers were arriving the whole way up. That buying is the other side someone selling in size needs.
So the selling that turned the market was not done at one price. It was done across every price in that rise.
The block is called an order block because orders were filled across it.
A range, not a line
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