EURGBP: Potential London Session Buy Idea (Power of 3)
Updated
The ICT Power of 3 Model outlines a structured approach to interpreting market dynamics:
1. Accumulation (Asian Session): During this phase, Smart Money strategically accumulates buy-side and sell-side orders, setting the stage for subsequent market movements.
2. Manipulation/Judas Swing (London Session): In this phase, market participants are enticed into making potentially erroneous moves through manipulation tactics. Following the manipulation, it is prudent to await a confirmation entry signal before targeting the Draw On Liquidity.
3. Distribution (New York Session): Typically occurring during the New York Session, this phase involves a move aimed at establishing the high of the day, indicative of market distribution.
By adhering to this model, traders can better navigate market behavior and identify opportune moments for trade execution with a heightened level of professionalism. Works best with other ICT PDA confluences (order blocks, fvg, etc)
Kind Regards,
The_Architect
1. Accumulation (Asian Session): During this phase, Smart Money strategically accumulates buy-side and sell-side orders, setting the stage for subsequent market movements.
2. Manipulation/Judas Swing (London Session): In this phase, market participants are enticed into making potentially erroneous moves through manipulation tactics. Following the manipulation, it is prudent to await a confirmation entry signal before targeting the Draw On Liquidity.
3. Distribution (New York Session): Typically occurring during the New York Session, this phase involves a move aimed at establishing the high of the day, indicative of market distribution.
By adhering to this model, traders can better navigate market behavior and identify opportune moments for trade execution with a heightened level of professionalism. Works best with other ICT PDA confluences (order blocks, fvg, etc)
Kind Regards,
The_Architect
Note
My first buy attempt failed. Price may first draw to the H4 FVG/the H4 Order Block on which a Buy anticipation may be seen.Refer:
Kind Regards,
The_Architect
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