💸Optimal Trade Entry
ICT Concepts
Optimal Trade Entries are just that; They represent the best places to get into a trade and they can be identified by utilizing the Fibonacci drawing tool. In most cases, an optimal trade entry will lie somewhere between the 61.8% and 78.6% retracement of an expansion range.
After a Market Structure Shift occurs and a new leg of price action is formed, the bounce that follows the new leg will often yield an opportunity to take a position in the direction of the new leg and these Fibonacci retracement levels can be used to identify where that position should be taken.
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