ETH Heavy Short Setup To Break Previous HTF Low
Day's Bias Bearish
Plot:
Implementing ICT's Friday's Asian Range Concept
Price has already started taking out liquidity Sellside
A lot of relatively equal lows and a very suspicious GAP on the Daily TF where the midpoint of 2018's Highest and 2019'ss bottom can be found.
Entry at a gap left in the middle of last Friday's Asian Range that has not been revisited and where a strong displacement came from.
Price definitely seeking lower prices strongly.
We can wait for an LTF ICT Setup entry short in this area with SL above or at $1283.64 and don't forget to add the spreads for other platforms.
Plot:
Implementing ICT's Friday's Asian Range Concept
Price has already started taking out liquidity Sellside
A lot of relatively equal lows and a very suspicious GAP on the Daily TF where the midpoint of 2018's Highest and 2019'ss bottom can be found.
Entry at a gap left in the middle of last Friday's Asian Range that has not been revisited and where a strong displacement came from.
Price definitely seeking lower prices strongly.
We can wait for an LTF ICT Setup entry short in this area with SL above or at $1283.64 and don't forget to add the spreads for other platforms.
Trade active:
Still in this trade. There's so much reason for price to seek lower prices liquidity. Yet I will close my own trade whatever happens before NY Session ends unless it hits the target already.
Trade closed: stop reached:
Stopped out. Identifying reasons for the move and journal the trade.
Comment:
Found the mistake of not waiting for an LTF liquidity take down before waiting for an entry setup to form. Currently in another Short Trade Entry after taking out LTF liquidity.
Comment:
Still just observing price and waiting for the setup to occur. Price action is showing signs of struggle. The setup should confirm the idea.