Understanding Market Order Blocks
The market traded higher there, and then we have this down-close candle, which is right
above and digging into this down-close candle.
This is an order block.
It's bullish.
This is a propulsion block.
Propulsion blocks are order blocks by themselves, but the way you differentiate what they are
and how they're used is this down-close candle digs into a previous down-close candle.
An order block that has another order block that digs into it.
Propulsion blocks, you never want to see a closing price below mean threshold.
Mean threshold on an order block is the 50% level.
End of transcript · 102 words