Elijahenoch7

ICT Power of 3 Strategy on Gold

Alış
Elijahenoch7 Güncellendi   
FOREXCOM:XAUUSD   Spot Altın/ABD Doları
Power of 3 at work on Gold producing a 8.6RR move on 30/06/2023


XAUUSD

AMD:

A: Accumulation
M: Manipulation
D: Distribution


  • Accumulation: Price range during Asian session, accumulating liquidity on both sides of long and shorts.

  • Manipulation: Price broke the low of the accumulation during London session to take out sell side liquidity and then fill the previous day imbalance.

  • Distribution: Price move away from the FVG leading to a shift in market structure on 5m time frame, plus a short pull back, follow by a massive move to the upside during the New York session to take out buy side liquidity above.
Yorum:

5m entry setup.

The entry was taking at the FVG.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.