- H4 bullish bias - Price retraced to discount area of previous price leg into a M15 FVG - Market structure shift with displacement, creating a M5 FVG - Multiple returns into M5 FVG
SL below M5 FVG candle TP1 + BE Asian range high TP2 symetrical swing, 100% fib extension
Cons: - London open may wipe out stops before moving in the opposite direction - Outside of ICT kill zone
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It would probably have been wise to wait for the London session to open really.
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That was very close to the stop, but there is hope: - price has moved below the NY opening price (which should have been a requirement before having a trade idea really - broke the rules there!). - this could indicate a power of 3 formation is at play - price has now bounced energetically off a M1 FVG, within the M15 FVG, which may points to some big boys being in the game
Trading in the zone: I am certain of uncertainty.
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Nope thats it. Game over for this trade. Wait and see what the London Open has to offer.
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London Open, Sell side liquidity taken, so it should go up from here!