Orderblocks ( Change In The State Of Delivery)
Here's a thread: π§΅
Here's a thread: π§΅
Orderblocks are essentially a change in the state of delivery. A CISD is when price is printing bullish candles and then trades lower below the bullish candle(s). The consecutive bullish candles form a Bearish Orderblock, and it should act as real resistance for price.
A bullish Orderblock is the same but vice versa with consecutive bearish candles. An orderblock can form on every time-frame but like every other PD array the HTF always dictates the LTF.
Now comes the question: when is an orderblock high probability? Of course not every orderblock will act as support or resistance because then price would always stay between a range.
An orderblock is high probability when it is aligned with the HTF Institutional Order Flow and trades into a HTF PD Array and preferably when it does that it needs to take out a short-term liquidity pool. I have some chart examples of recent price action below.
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