Order blocks

The last opposite candle before a strong move: the last down candle before a rally, or the last up candle before a sharp drop.

What it means

Its range is treated as a zone where large orders may have been placed; price often reacts when it comes back to it.

What to watch

How price behaves on its first return to the zone; a clean close through it means the block has failed.

How Compass-Alpha uses it

Background only; not used in any figure on Compass-Alpha.