EURUSD, My thought process.
The current low of the week was formed yesterday and with a break of market structure already in place, I will be anticipating that price will drop and mitigate the FAIR VALUE GAP ( which is an area of inefficiency).
However my best entry price would be the retest of the current low of the week. This is a very powerful concept in ICT concepts because understanding the HIGH or the LOW of the week will give you the weekly bias.
For now, we wait for the Killzone hours to know whether our bias will be respected or not.
The only work which remains is waiting and placing the trade.
Or waiting and not placing any trades.
The current low of the week was formed yesterday and with a break of market structure already in place, I will be anticipating that price will drop and mitigate the FAIR VALUE GAP ( which is an area of inefficiency).
However my best entry price would be the retest of the current low of the week. This is a very powerful concept in ICT concepts because understanding the HIGH or the LOW of the week will give you the weekly bias.
For now, we wait for the Killzone hours to know whether our bias will be respected or not.
The only work which remains is waiting and placing the trade.
Or waiting and not placing any trades.