🔶Breaker Block
Last updated
Last updated
Breaker Block SIMPLIFIED
Video: Breaker Block SIMPLIFIED
what this is about: A brief overview about breaker blocks.
It happens when a demand order block turns into a supply order block and when a supply order block turns into a demand order block.
Examples:
We see a supply order block. Then, we see that price breaks above that supply zone and fails to reject off of it. So now, this supply zone turns into a demand zone. Since it is now a demand zone, price will now bounce off of it (which it did do).
https://www.tradingview.com/x/FvhAT4FS/
We see a demand order block. Then, we see that price breaks below that demand zone and fails to reject off of it. So now, this demand zone turns into a supply zone. Since it is now a supply zone, price will hit that zone and fall (which it did do).
https://www.tradingview.com/x/RF8XAw8a/
