Hi there guys,
I mainly use ICT Concepts for my trading.
Here's a trade idea for Tuesday, 6th December 2022.
Idea 1
Looking for price to possibly tap into the 1.04798 area where the H1 demand and 70.5% Fibonacci line is before taking a long to the upside, clearing the previous daily high, bslq & the daily FVG.
Idea 2
Looking for a strong displacement to the downside for price to break the previous daily low before clearing the SSLQ
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
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 Concepts for my trading.
Here's a trade idea for Tuesday, 6th December 2022.
Idea 1
Looking for price to possibly tap into the 1.04798 area where the H1 demand and 70.5% Fibonacci line is before taking a long to the upside, clearing the previous daily high, bslq & the daily FVG.
Idea 2
Looking for a strong displacement to the downside for price to break the previous daily low before clearing the SSLQ
Abbreviations
BSLQ : Buyside Liquidity
SSLQ : Sellside Liquidity
FVG : Fair Value Gap
MSS: Market Structure Shift
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