Day's Bias: Bearish
Plot:
Implementing ICT's Friday Asian Range Concepts targeting huge GAP in lower prices on Daily TF.
Behind that GAP is the midpoint of 2018's highest and 2019's bottom as a confluence.
Found also a possible entry at a gap left from Friday's Asian Range midpoint where a setup could form.
Waited for LTF liquidity formation in a form of relative equal highs to be taken out prior to a SHORT Entry Setup to occur.
Friday's Asian Range midpoint has not been revisited prior to an impulse move down last week.
Targeting recent HTF Swing/Equal Lows down to Daily TF Gap.
Trade will be closed at any condition right before end of NY Session.
Plot:
Implementing ICT's Friday Asian Range Concepts targeting huge GAP in lower prices on Daily TF.
Behind that GAP is the midpoint of 2018's highest and 2019's bottom as a confluence.
Found also a possible entry at a gap left from Friday's Asian Range midpoint where a setup could form.
Waited for LTF liquidity formation in a form of relative equal highs to be taken out prior to a SHORT Entry Setup to occur.
Friday's Asian Range midpoint has not been revisited prior to an impulse move down last week.
Targeting recent HTF Swing/Equal Lows down to Daily TF Gap.
Trade will be closed at any condition right before end of NY Session.
Trade active:
What a kick. Not be surprised if $1167 gets easily taken out today.
Trade closed manually:
Closed my trade in a 1:5 RR before end of NY Session.
Comment:
Will observe next asian range and current liquidity structure to identify next short entry until the target $1071 is reached.