Hi there guys,
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for Friday, November 25th 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- Grey Box Asian Session
- Previous daily high / low
Scenario 1 Long:
Price could possible form a MSS at 1.04293, before looking for a possible retracement buy to the upside clearing out the Previous Daily High.
Scenario 2 Short:
Price could possible form a MSS at 1.04046, before looking for a possible retracement sell to the downside clearing out the Previous Daily Low.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin
I mainly use ICT + Smart Money Concepts for my trading.
Here's a trade idea for Friday, November 25th 2022.
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
Analysis
- Grey Box Asian Session
- Previous daily high / low
Scenario 1 Long:
Price could possible form a MSS at 1.04293, before looking for a possible retracement buy to the upside clearing out the Previous Daily High.
Scenario 2 Short:
Price could possible form a MSS at 1.04046, before looking for a possible retracement sell to the downside clearing out the Previous Daily Low.
For entries, always use confirmations on the smaller timeframes! Stay safe trading!
Feel free to follow me, comment + boost this post if you guys enjoyed this!
Regards,
Chen Yongjin