Having a good understanding of the PD Array Matrix is essential to read price action effectively. Today, I’ll be teaching you about a powerful PD Array, the Orderblock
I’ll be giving you a simple, no-BS guide on how to spot it and use it effectively.
Let’s dive in 🧵
First of all, if you haven’t read Part 1 of this series, do read that first before coming back here.
Before we start, let me clear a common misconception about the Orderblock.
Most traders usually confuse the Orderblock (OB) with a “supply” or “demand” zone. To be clear, the Orderblock has nothing to do with supply or demand.