ICT YT - 2017-10-29 - ICT Pattern Recognition Drill - OTE AusUsd New York Session 102717.srt

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ICT: Okay, what do you see? All right, this is an optimal trade entry, long
setup at the point of inception. Okay. All right before we begin, it's important

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that we go through the things that aren't terribly important to pay no attention
to the stop run here, which is a bullish breaker, ICT bullish breaker pattern.

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Okay, so paint a pay no attention to the fact that this provides another
opportunity. That's not the scope of our discussion, even though it's worthwhile

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discussion. We're looking at this price movement here, and a break of the short
term high. And we'll see that here. You can see that happening right here with

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the market structure break. Once it trades above this short term high here, it
says some alert for optimal trade entry, Long's price trades down into the

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optimal trade entry. And here it does wick through a little bit here, but your
stop is going to be at the low. So there's your risk. So if that's your risk, or

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if you use any portion of the optimal trade entry in here, that's certainly
better than 22131, if you want to reach for the price extension in here, now I'm

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gonna show you what this one is, this is actually a 200 extension. So in other
words, if we have a range that fine from this low to this high, and that range

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Do you duplicate or added to this high, but take us up to here, which gives us a
symmetrical price swing, and if we do two of them, that takes us up to here, it

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gives us a projection high of 7679. And scrolling over here a little bit, you
can see that's the actual high of the day, and you can see the actually posts

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here 0.7679 to the pet baby. Alright, so back to this breaker. I just want to
throw this in here just to get you guys all worked up into a froth again. If we

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look at a default chart again, and it's good, right, Michael? All right. And we
used the high here, which is ICT bullish breaker, which we'll learn about that

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in my my ICT tutorials. That way you guys can look forward to having that
information as well. If we take this low and projected up to the high right

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there. Now this is a by a bullish ICT breaker. And if we add our Fibonacci to
the low or retest retest of the bullish ICT breaker, this is the range. So we

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would take us up to this first target here. And you can see that handsomely does
that as well. Okay, so there's a lot of confluences of certain repeating

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phenomenon that overlap. But that's what you would expect if price was really
engineered in terms of precision now, wouldn't it? Okay, until next time, wish

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good luck and good trading.