Here i’m gonna detailed a very important part of a Twitter space ICT had in 2023.
around Min 45 to 50.
Imagine you’re bearish.
In London you’re looking for false breakout
at 2 AM EST price open below PDL.
That’s an important price point . You can anticipate from that a rally up ( Judas Swing – couter bias) above a M5 or M15 Equal Highs or swing high in the lower 1/3 of previous day range.
Don’t anticipate too much of a run because it’s counter trend.
For a scalper you can anticpate a run of a 1/3 or a 1/4 of Previous day range. You gotta be very nimble because price can reverse down very quickly during London Session. You don’t expect price rally up until 50% of previous day range.
But if it does ……
Best Sells ( following OF after fake move – judas move) will occurs in the lower 50% of previous day range above old highs.
In London session you’ll look for turtle soup scenarios and continuation on the basis of the Higher time frame.
More detailed analysis of price action.
Source:
