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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.