This setup is based on my interpretation of ICT concepts. All credit of these concepts go to ICT.
Equal Lows were created duing the Asia session. These lows were raided during the London open session, with a strong expansion upwards, and a shift in market structure. That expansion created a Fair Value Gap (FVG). I am expecting a retrace into that FVG (which conincides with a OTE entry) and a long position to take the BSL resting above.
Equal Lows were created duing the Asia session. These lows were raided during the London open session, with a strong expansion upwards, and a shift in market structure. That expansion created a Fair Value Gap (FVG). I am expecting a retrace into that FVG (which conincides with a OTE entry) and a long position to take the BSL resting above.
Comment:
Trade did not pan out as planned, entry cancelled.