Hello,
I rely on ICT concepts for my trading. I would like to share a trade idea for next Monday, January 30th, 2023.
Idea
With price causing a double BOS, I'm expecting price to likely move towards the 1.08260 area, where the H1 FVG & 61.8% Fibonacci line are.
It's also worth noting the 1.07826 area where the liquidity hotspot is. Price could possibly head lower towards that area.
For entries, it's important to use confirmations on smaller timeframes and to always exercise caution while trading.
Thank you,
Chen Yongjin
I rely on ICT concepts for my trading. I would like to share a trade idea for next Monday, January 30th, 2023.
Idea
With price causing a double BOS, I'm expecting price to likely move towards the 1.08260 area, where the H1 FVG & 61.8% Fibonacci line are.
It's also worth noting the 1.07826 area where the liquidity hotspot is. Price could possibly head lower towards that area.
For entries, it's important to use confirmations on smaller timeframes and to always exercise caution while trading.
Thank you,
Chen Yongjin