Is anyone here involved in trading Order Blocks (OB) and Fair Value Gaps (FVGs)?

Trading Order Blocks (OB) and Fair Value Gaps (FVGs) involves leveraging these concepts as part of a technical analysis strategy, often associated with concepts derived from the ICT (Inner Circle Trader) methodology. Both OB and FVGs are components used by traders to identify potential market turning points, areas of supply and demand, and price inefficiencies.
Order Blocks (OB):
Order Blocks are typically areas on the price chart where large institutional orders may have been executed, often leading to price reversals or continuation patterns. They are generally identified as significant consolidations or ranges before strong directional moves. Traders use OBs to anticipate where price might react or reverse based on past market activity.
Example: If an order block is identified at a particular price level, a trader might look for confluences such as Fibonacci retracement levels, support/resistance zones, or moving averages to confirm a potential trade setup.
Fair Value Gaps (FVGs):
Fair Value Gaps, also known as imbalance zones, occur when there is a significant difference between buyers and sellers, creating a gap without trading activity. This gap often follows a rapid price move that leaves an unfilled area on the chart. The theory is that the market eventually seeks to fill these gaps, offering potential entry or exit points for trades.
Traders look for these imbalances as areas where price might return to fill the gap before continuing in the original direction. This concept aligns with the notion that markets tend to revisit areas where transactional activity was previously skipped.

Both of these techniques require a disciplined approach to identify setups accurately and should be combined with sound risk management practices. Traders also often complement these strategies with other tools and indicators to increase their edge in the market, such as volume analysis, trend identification, and pattern recognition. Understanding the context of these technical phenomena and how they fit within broader market conditions is crucial for their effective application.