In the 30 minute cart there is ICT Cycle of AMD. The market initially went through an Accumulation Phase, where institutional players built positions at lower prices. Than there comes the Manipulation Phase, where liquidity was grabbed through stop hunts and false breakouts at both sides.
Currently, price is consolidating, making a possible Distribution Phase. If sellers take control, a breakdown below 2894 could confirm sell side move. A confirmed break below support will signal distribution and further downside movement.
Trade Plan:
Entry: Wait for a clear break of the consolidation range i.e below 2894.
Stop Loss: Above the recent highs to avoid being caught in further manipulation.
Currently, price is consolidating, making a possible Distribution Phase. If sellers take control, a breakdown below 2894 could confirm sell side move. A confirmed break below support will signal distribution and further downside movement.
Trade Plan:
Entry: Wait for a clear break of the consolidation range i.e below 2894.
Stop Loss: Above the recent highs to avoid being caught in further manipulation.
交易進行
As we discussed earlier price has confirmed the expected move from the distribution phase. The market is now following the expected downtrend. Keep in mind that an FVG us also formed near 2896 zone so may fall bac to retest it
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🗣Daily forex updates 🇺🇲🌎🗣Fundamentals and Technical experts🗣GBP specialists & Gold🗣weekly 1500-2000pips🗣chart patterns 👍 t.me/ApexBullGold
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。