SMC | Bullish Order Block PART 2

A bullish order block has formed when an up-trending impulsive wave occurs after breaking a range-bound market structure or block. We'll start placing purchase orders with institutional traders when the price returns to the order block zone.Here are the general steps involved in using the order block trading method: Identify a price chart that shows clear areas of buying or selling activity, typically shown as a consecutive candle. Locate the most significant areas of buying or selling activity, which is often referred to as “order blocks“. Determine whether the price is likely to respect or break through the order block. This can be done by looking at the price action around the block. If the price is likely to respect the block, consider entering a long or short trade near the block, with a stop loss order placed just below or above the block respectively.