Market Analysis and Trading Strategies
Inside of the five-minute bearish breaker,
right here on this candle at three oh seven,
what's, what's occurring?
The market's trading up into the five-minute bearish breaker, which
is shaded in
this shaded area here. It's trading to the low of the inversion
fair value gap
that you're gonna draw from the five-minute chart.
It trades up to it here,
and this down closed candle right there.
"But ICT, look, it has that big wick." I don't give a shit.
That wick right there has no bearing on what it is I'm talking about.
The down close... I'm sorry, the up close rather, I said
that incorrectly, sorry.
The up close candle is a bearish order block.
So that up close candle, when it's trading to it here, there's
two things going on on the one-minute chart right there.
Two things are occurring. It's trading to
the
breaker
and inversion fair value gap on the five-minute time frame.
And on the one-minute chart, it's trading up into a bearish order
block.
So when you see folks out there saying order blocks are just engulfing candles,
that's horseshit too. It has nothing to do with engulfing
anything.
When the price is in a sell side delivery, okay, in other
words, we-- at three o'clock the, the price starts its run,
and the macro begins seeking sell side, which is right in here,
and aiming for lower sell side liquidity, which is below
old lows or s-singular low.
Every single time the market creates a up
close candle in that sell side delivery price run, in other words,
you're calling it a trending market. This is not a trending market.
This is just a market that's declining.
So that's why I don't use those terms trending because price swings are not
trends.
They're not to me. They're price runs.
So if I'm expecting and anticipating price running to lower
targets into a discount, either for the purposes of going
to a fair value gap that's lower than market price
or to a low or relative equal lows for sell side
liquidity, either one of those scenario
will
provide me the context to anticipate lower prices.
While I'm watching price,
if I see something like this where we open,
we trade down, and we rally up like this, if I'm short,
I'm not freaking out over that. I wanna see how we see
the first up close candle when sell side begins its delivery.
Because once that first...
Once we get our price run here at three o'clock and we snap below that candle that
created it, what, what kind of candle is that? Is it up close or down close?
Up close. So when we break below that, I wanna see
when price starts to run, we're in an area where I anticipate
what? What's the inversion fair value gap
expected to do? Create a resistance factor in price.
It should accumulate more shorts.
It should offer smart money the opportunity to get in and add or,
like you see me many times do, pyramid more short positions in an
existing short position.
Our next
up close candle is this one.
Does it respect it? I don't know. What does it do on this one?
Does it bump the bottom of it and run lower? The next candle? Yes.
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