ICT ATM METHOD BEARISH GBP/USD EXAMPLE
Hello Traders!
Here I outlined the ICT ATM method!
We will need to start on an hourly time frame.
We are looking for a key high to form and the price fails to go higher.
A key high will involve a short-term high being broken and its short-term low formed after is broken.
Once that short-term low is broken we wait for the price to return back to it so we seek entries to go short.
Price may go above the short term low instead of respecting the short term low.
We can find our entry by going down to a smaller time frame such as the 15m to refine our entry.
If we take an entry off the 1h we will place our stops above the key high and our take profit below old lows.
Here I outlined the ICT ATM method!
We will need to start on an hourly time frame.
We are looking for a key high to form and the price fails to go higher.
A key high will involve a short-term high being broken and its short-term low formed after is broken.
Once that short-term low is broken we wait for the price to return back to it so we seek entries to go short.
Price may go above the short term low instead of respecting the short term low.
We can find our entry by going down to a smaller time frame such as the 15m to refine our entry.
If we take an entry off the 1h we will place our stops above the key high and our take profit below old lows.
