Trade idea (1-4 We need to plan after market hours) (5-7 We need to plan in regular trading hours)
- ramssevenxoptions
- Oct 22, 2023
- 1 min read
1.Bias: (ERL) taken, so it needs to hunt (IRL). So our bias is bullish
2.Liquidity run: Order pairing - High resistance liquidity - SL below this level is safe
Swing failure - Low resistance liquidity - Target
3.MMXM (IPDA cycle and AMD): Accumulation phase is going on, we can expect Distribution phase in upcoming sessions
4.Time frame: 4H-15M-3M
5.Displacement:
6.Dealing range: Premium
Discount - If bias is bullish will buy only in discount zone
7.OTE
8.Order block
9.Time of the day
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