๐SmartRisk ICT Setup
Best ICT Trading Strategy that works every time
Step 1 (Wait for a ABC setup)
Leg C step should sweep liquidity but there are some conditions to be valid
A bearish ABC pattern is only valid when the C wave sweeps the liquidity above the highest point of the A wave, with only one candle or wick & a second candle or a wick should not form or close upper than the first candle's body or wick.
BOS is valid even if the wick breaks the structure unlike CHoCH which needs price to close below HL or above LW.
Step 2 Wait for correct CHoCH
Wait for Valid ChoCH which breaks the structure which is made before a liquidity sweep
Step 3: Detect Fair value gap close to the current price
Zones created by inefficiency in the market & usually occur on a specific zone where there is less trading activity seen and price only has the one directional movement
Find a highest FVG closer to the liquidity sweep area.
Step 4: Set Buy or Sell order
Sell order at the lowest point of the highest FVG (vice versa for buy order)
Set buy or sell order in the entry points of 1 min timeframe
Example (Bullish)
Verify ABC pattern with C leg sweeping liquidity of A leg.
Watch for correct CHoCH
Switch to 1 min timeframe near the current price i.e. liqudity sweep area
Detect correct FVG and Place Order
Example 2 (Bearish)
Verify ABC Pattern
Wait for correct CHoCH (MSS)
Place Order targetting liquidity at Leg B
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