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Let's see "mb" in action with a few examples:
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**Order blocks** are specific price areas where institutions have placed significant orders. These areas often act as magnets for price, as the smart money tends to defend their positions. Imagine a large institution wanting to buy a huge amount of a particular asset. They can't just place one massive order because it would significantly drive up the price. Instead, they strategically place smaller orders over time, creating an **order block**. These blocks often appear as consolidations or small ranges before a significant price move. Identifying **order blocks** can provide valuable insights into potential support and resistance levels, as well as areas where price is likely to reverse or accelerate. There are different types of **order blocks**, such as bullish **order blocks** (formed before an upward move) and bearish **order blocks** (formed before a downward move). Recognizing these patterns can help you anticipate future price movements and set up your trades accordingly. Think of **order blocks** as footprints left by the smart money. By learning to identify them, you can follow in their footsteps and potentially profit from their actions. It's like finding the hidden clues that reveal the true intentions of the big players in the market.
