Skip to Content
Last modified by Drunk Monkey on 2021-06-11 13:22
Show last authors
1 (% class="hover min" %)
2 |1 |00:00:16,529 ~-~-> 00:00:34,679 |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
3 |2 |00:00:34,679 ~-~-> 00:00:48,239 |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.
4 |3 |00:00:49,799 ~-~-> 00:01:01,289 |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
5 |4 |00:01:01,289 ~-~-> 00:01:14,669 |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
6 |5 |00:01:14,699 ~-~-> 00:01:25,079 |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
7 |6 |00:01:25,079 ~-~-> 00:01:33,599 |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
8 |7 |00:01:33,599 ~-~-> 00:01:46,079 |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
9 |8 |00:01:46,079 ~-~-> 00:01:56,009 |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
10 |9 |00:01:56,039 ~-~-> 00:02:03,989 |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
11 |10 |00:02:03,989 ~-~-> 00:02:14,399 |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
12 |11 |00:02:14,399 ~-~-> 00:02:26,999 |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
13 |12 |00:02:26,999 ~-~-> 00:02:41,189 |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
14 |13 |00:02:41,189 ~-~-> 00:02:52,259 |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
15 |14 |00:02:52,259 ~-~-> 00:03:06,719 |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
16 |15 |00:03:06,719 ~-~-> 00:03:16,349 |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
17 |16 |00:03:16,349 ~-~-> 00:03:25,169 |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
18 |17 |00:03:25,169 ~-~-> 00:03:26,669 |good luck and good trading.