Ictstudent
ES1! Futures Mini Hourly Trade (ICT Rejection Block?)Short and simple, just here to track this trade idea officially using ICT concepts.
Although my Intermediate analysis is Bearish for ES1! I do believe there is some reason to be Bullish in the short term . Missed most of the move but this trade is would be more of a scalp /short swing if youre into that. This would be off the most recent 1H Bullish OB and targeting the unmitigated highs from Nov 11 7am ( 6,053 level ) which coincedentally is an unmitigated Rejection Block (**unverified**), seems like the only area with Buy Side liquidity left before ranging back down into discount or establishing a new high before retracing.
It seems like price strength doesn't much area to move because I believe this is the most recent move away from EQ in this current weekly range.
Interested to see how this develops.
Entry: 6,030
Stop: 6,020
PT 1: 6,035 (0.6 RR)
PT 2: 6,044 (1.38 RR)
Another contrary move expected in AUDUSD; bullish Purge & RevertGreetings fellow traders!
Bullish Purge and Revert in progress in AUDUSD. The purging Daily candle's high is broken and we have the confirmation. Long till 0.66400 .
Here is the daily chart for reference:
There is something very important to be kept in mind. We have lots of important news drivers coming in, especially NFP and the US Presidential elections . Market behaviour cannot be expected to be perfect during such volatile times. Play it safe or don't play at all. Wait for things to quiet down .
This week and the next, stay safer.
Disclaimer- All content is for educational purposes only and not trading advice.
Trades are like buses... Miss one? Catch the next! GBPJPY longGreetings fellow traders!
Bullish Purge and Revert in progress in GBPJPY . The purging 1h candle's high is broken and we have the confirmation . Long till 197.630 .
Adding to it, the market is in discount of the dealing range and as I've already pointed out, I'm bullish on JPY pairs. I expect the market to move to higher targets at 197.900 and 198.435 . Still, the lowest hanging fruit at 197.630 is our objective.
Enjoy the weekends... Take rest and replenish your mental strength for the next week .
Disclaimer- All content is for educational purposes only and not trading advice.