Tuesday, April 25, 2023
Narrative: the key to my trade was building a Narrative on what I though price would likely do next.
At NY Open ES & NQ were no where near taking London High while YM had already taken London Buyside. London Low was a spike down at 4:22 AM and there were many remaining Sellside targets below London Low. So my Narrative at NY Open would be that price would trade down first.
YM had taken London High (Buyside) and had obvious displacement down with an obvious Market Structure Shift (MSS). This was an ICT 2022 Mentorship Sell Model in a Premium with target in a Discount.