Smaller TF only for this Trade Idea.. let me explain
So far from market close we can see a fair amount of detail with why I believe we are about to see a large Bullish movement.
So far we have been respecting a strong Bearish Trend, we have come down into a strong Demand zone which also is tapping into my Golden OTE zone.
On the 1H TF we can notice a confirmed change of character telling me as long as we don't take out this swing low which we shouldn't as it protected due to taking previous swing Liquidity out. Because of this I only can see recent Buy side liquidity.
Price currently has Been respecting a 1H IFVG which ICT can use a confirmation for Entry Models.. I don't trade ICT concepts although this does give me confluence in this market.
Ideally we are taking a breakout trade from this Liquidity Trend Line for strong Bullish structure to follow. This could possibly be a nice intraday swing due to Overall Bullish Movements
Good Luck to all the Traders that decide to follow along
So far from market close we can see a fair amount of detail with why I believe we are about to see a large Bullish movement.
So far we have been respecting a strong Bearish Trend, we have come down into a strong Demand zone which also is tapping into my Golden OTE zone.
On the 1H TF we can notice a confirmed change of character telling me as long as we don't take out this swing low which we shouldn't as it protected due to taking previous swing Liquidity out. Because of this I only can see recent Buy side liquidity.
Price currently has Been respecting a 1H IFVG which ICT can use a confirmation for Entry Models.. I don't trade ICT concepts although this does give me confluence in this market.
Ideally we are taking a breakout trade from this Liquidity Trend Line for strong Bullish structure to follow. This could possibly be a nice intraday swing due to Overall Bullish Movements
Good Luck to all the Traders that decide to follow along
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.