Understanding the ICT BREAKAWAY GAPIn this video I go through the ICT Breakaway Gap and how YOU can use it to your advantage. I include some tips and tricks with a real trade setup demonstration.
The Breakaway Gap may have been an elusive concept to understand, but I present a simple way you can spot them on the chart and frame your trades around them. It is a powerful weapon that can be used to snag some awesome trades.
Simple put, the Breakaway Gap is a gap that does not get traded into with the NEXT FEW CANDLES. Emphasis on the last part because price is fractal, and the best way to frame a trade with ICT's Concepts is by taking a few candles on the higher timeframe for your bias, and going to a lower timeframe to form your narrative, and either entering on that timeframe or even going to a lower timeframe for your entry.
Hopefully this gives you some insight into one of the many concepts that ICT has bestowed upon the public.
If you need clarification about the content, or you are still struggling with finding your groove as a trader and need personal guidance or mentorship, feel free to reach out to me via TradingView’s private message or on X.
Happy trading and happy studying!
- R2F
R2f
AUD/USD - Loose Price PredictionHere is a loose prediction on how AUD/USD will move on the hourly timeframe using ICT Concepts, just for fun.
This prediction is based on an hourly Breaker and a signature R2F Gap.
Remember, to only trade what you see and not what you think. Our minds can play tricks on us.
- R2F
USD - FULL ANALYSIS [ICT Concepts]In the video I go through the timeframes in a top-down analysis, starting all the way from the yearly timeframe, down to the hourly timeframes. I share my thoughts on what I am looking for in order to build a bias for taking new trades.
The key indicator for me is the creation of new Fair Value Gaps (FVGs) and the disrespect of previous Fair Value Gaps. Occasionally, I add the confluence of Order Blocks and Breaker Blocks.
Hope this is insightful.
- R2F
(Phantom) FTMUSDT AnalysisA short foreword. I do believe Bitcoin will come back to retest around the 40k levels. It is currently consolidating in a range with equal lows. Below the equal lows lie a void on the futures chart that has not been filled yet. I'm expecting some sort of manipulation move to the downside then a bounce back up as i'm still overall bullish on Bitcoin for now.
Everything I had to say about Phantom is in the video.
DXY Analysis - Monthly & Weekly Timeframe (ICT Concepts)Reacted BEARISH off of PREMIUM with hard displacement.
Now looking BEARISH at DISCOUNT zones.
3W candle closed below a Bisi 3W, but reacted off of lower Bisi 3W. Based on this timeframe, I want to see if price wants to move towards the higher disrespected Bisi 3W and then react bearish. That disrespected Bisi 3W is almost a 1M Bisi. It would make the most sense that if price were bearish is for it to come to a PREMIUM zone for that swing range into the Bisi 1M (BPR) before heading lower.
The bias is not concreate at the moment, so be wary of any change in narrative during high-impact news drivers and the general structure on lower timeframes.
Lower timeframe may present long opportunities to this shorting POI, but price may create a Sibi first.
- R2F
DXY - Intraday Analysis (ICT)My DXY interest for today.
Assuming the last dump was to trap shorts, with the confluence of trading into a Monthly Bisi and Monthly Breaker (Body) and New Month Opening Gap. I am interested to see if this can now move higher.
It also traded off a Daily Bisi then broke higher, again playing around a 4h Sibi, and now seems to be moving lower. There is a 1h Balanced Price Range inside a Breaker on this timeframe at OTE of that range. I would like to see it react off of there, go higher, use the 4h gap as support, then move higher to target an actual liquidity void above.
E-mini S&P - Weekly Timeframe Analysis Price had a relatively convincing reversal back to the upside.
In my opinion the highest yielding position would be a long from the weekly Bisi annotated on the chart. A short could be identified from the weekly Sibi, but I would be wary that the Sibi could be used as a point of support of there are Discount PD Arrays on lower timeframes within.
A possible target would be the relative equal highs residing near the top of the highest weekly swing.
USDJPY - Long Trade Idea (ICT)Based my bullish bias for the US Dollar (DXY), I am expecting USDJPY to head higher as well.
Last week price traded to a clear 4-hour Order Block before retracing and ending the week. Now there are 2 general areas where I expect price to move higher from and create new highs.
1. There are a few PD Arrays with my interest in this area, most of them overlapping. At the very least, I am anticipating the 8-hour Bisi to be traded into, and possible digging into the 45-minute Bisi and subsequent Order Blocks below.
2. There is an Order Block with a 2-hour Bisi in this zone. I could permit price to come into this area if price action was slow to get there, or if it were fast to get there I would allow for a sharp rejection.
- R2F
AUDUSD - Short Trade Idea(Refer to my linked HTF analysis on AUDUSD)
I still have Interest in the Buyside Liquidity mentioned in my previous post on AUDUSD.
Price took out the annotated Sellside Liquidity, however, not by much. I'm expecting one more run lower with a proper Daily candle close before we move up towards the Buyside Liquidity.
I will be waiting for a convincing displacement that breaks structure to confirm this narrative. Before that, only scalps.
EURUSD - Story Time (ICT)This is just a possible narrative that may unfold. Do not trade based on this without the proper confirmation. This is not a signal.
If Phase 2 extends higher, then will look for possible NY/News reversal. If price breaks utmost swing high, then I will post where I think price will likely gravitate towards to.