The Unicorn entry model in the ICT method combines the concepts of the Breaker Block and the Fair Value Gap, providing a unique approach to identifying trade opportunities. This combination highlights a future area of support/resistance.
A Bullish Unicorn Pattern consists out of:
A Bearish Unicorn Pattern consists of:
In this trading idea, I would combine the movement of DXY and GU/EU to explain the correlation and divergence (ICT SMT). Futhermore, I want to share how powerful the ICT Unicorn Entry Model is.
A Bullish Unicorn Pattern consists out of:
- A Lower Low (LL), followed by a Higher High (HH)
- A Fair Value Gap (FVG), overlapping the established Breaker Block
- A successful re-test of the FVG which confirms the pattern.
A Bearish Unicorn Pattern consists of:
- A Higher High (HH), followed by a Lower Low (LL)
- A Fair Value Gap (FVG), overlapping the established Breaker Block
- A successful re-test of the FVG which confirms the pattern
In this trading idea, I would combine the movement of DXY and GU/EU to explain the correlation and divergence (ICT SMT). Futhermore, I want to share how powerful the ICT Unicorn Entry Model is.
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