25/01/2023 EU Analysis
Beautiful trading day today where Asian highs were taken out by London before dropping to a 70% retracement level of yesterday's low. Once that fib level was hit we saw signs of accumulation then a displacement leg upwards, if you haven't already entered the market by this point, then you could have waited for the retracement giving you a perfect ICT optimal trade entry as shown. We can expect EU printing higher and higher prices until the daily objective is hit, indicated by the red line above.
Concepts used today:
-FVG
-OB
-Market structure such as market structure shift, HH,HL, etc.
-SMT Divergence between DXY and EUR/USD
-ICT Judas Swing
-ICT Optimal Trade Entry
-70.5 retracement fib
Concepts used today:
-FVG
-OB
-Market structure such as market structure shift, HH,HL, etc.
-SMT Divergence between DXY and EUR/USD
-ICT Judas Swing
-ICT Optimal Trade Entry
-70.5 retracement fib
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