WTI/USD M15 Technical Analysis:
Favorable Market Sentiment to Technical Analysis + Bearish ICT Orderblock + FVG (Fair Value Gap) + Consequent Encroachment + OTE (Optimal Trade Entry + Rejection from M15 FVG from previous day + rejection wicks + Unswept Asia Draw on Liquidity + Equal Lows + London Open JS
Favorable Market Sentiment to Technical Analysis + Bearish ICT Orderblock + FVG (Fair Value Gap) + Consequent Encroachment + OTE (Optimal Trade Entry + Rejection from M15 FVG from previous day + rejection wicks + Unswept Asia Draw on Liquidity + Equal Lows + London Open JS
Comment:
My idea is that we have a Liquidity sweep from the Asia. HTF is completely bullish after that Asia was swept, and sweeping Asia clears most of the Draw on Liquidity.
Comment:
Like it was described in the previous comment; if the market sweeps the Asia the setup is completely turning bullish because there won't be any Asia Draw on Liquidity. No trades taken. Plan the Trade, Trade the Plan!