ICT YT - 2020-10-14 - Blending Price Patterns With Time and Price Theory - Part 2.srt

Version 1.1 by Drunk Monkey on 2020-11-20 17:09

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ICT: Alright folks, welcome back. This is an example of

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using the ice breaker and optimal trade entry in a bullish

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scenario. I'll give you a chance to take a look at the price

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action See if you can find a bullish breaker and an optimal

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trade entry. When you're ready, unpause the video. Okay, so

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we're looking at the ninth of October, and you have a low,

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high and low. Now it doesn't look so obvious here on a 15

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minute timeframe. But we're going to drop down to a five

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minute chart, you can see the breaker there. And here's the

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optimal trade entry. So add to annotations, bullish breaker,

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bullish optimal trade entry into the London open kill zone.

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So this is the time of day, we'd like to see price create a

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higher low and the market is bullish. And I'll zoom out now

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show you why it was bullish. If you've been following

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anything on this YouTube channel, you'll see very quickly

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what made this pair bullish at this time. And it has to do

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with these levels here. But we'll zoom out in a moment but

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add the fib. So you can see the optimal trade entry.

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Alright, so we have the low to the high 62% retracement

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level 77 tracing level extended in time, there's optimal

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trade entry with the overlap of time of day with an open.

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And we have a projected high at point 72431. And it's above

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this level here which I'll show you again when we zoom out.

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And the high on this price swing comes in at 7243 and two.

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So really close with one PIP beyond and then has since

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traded lower. So I want to zoom out. And let you see. If you

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recall the previous video I did when we're talking about

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Australian dollar, I mentioned these equal lows here, price

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created that run there. And it left these relative equal

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highs. So by side liquidity, we were saying above that also,

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if you keep going to the left, there's equal Highs over

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here. So that's what the other level is. At least see it and

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so it's well clear. Go forward and the price grades that

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optimal trade entry with bullish breaker projected up to

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here and take that off and we're gonna drop down to a five

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minute chart. Alright, so here's that low, the high and low.

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So we're going to use the upclose candle prior to the swing

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lower Korean lower low on this price structure. That is a

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run on the sell side liquidity. If price goes above it and

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trades back down to it. This could act as bullishness, but

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then we have an optimal trade entry, which is the low to

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high trades going into it with the kill zone. There is where

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your trade is. And that runs to that 72 43.2. There's a

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price run all up today. Okay, so there's a structure and

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I'll show you dollar running to the boss illiquidity and

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then up here as well. time of day entry load day expansion

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with bullishness attacking the draw on liquidity which is

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the buy sell liquidity after it ran the equal lows down here

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because she can see both patterns the optimal trade entry

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and bearish breaker that led to this run here, then set up a

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new price run to the buy side liquidity here with a bullish

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optimal trade entry any bullish breakout So combining two

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patterns to get precision elements reaching for liquidity

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pools above relative equal highs. I hope you found this

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insightful until next time, I wish you good luck and good

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trading