Learn To Identify And Trade A Breaker Block
It’s time to make money with the ICT breaker block. Don’t know what a breaker block is? It’s a smart money concept. In this short, you can learn to identify and trade a breaker block in under 60 seconds.
Don’t get confused; we are talking about the breaker block ICT strategy, not a generic block breaker strategy. It’s a product of the inner circle trader and associated methodology. A breaker block is a failed order block. It suggests a forthcoming change in market structure or a possible directional move in price.
The key part of trading this strategy is understanding how to identify a breaker block. This is simple: The ICT breaker block is a failed order block, which is intended to serve as an area of support and resistance.
Once an order block fails, a liquidity grab develops. A liquidity grab, or liquidity sweep grab, is another smart money concept. It suggests that a move may be coming in the forex, futures, or stock markets. For instance, a forex liquidity grab occurs when an order block fails, thus establishing a new breaker block. According to the ICT breaker block strategy, this area becomes a new zone of support and resistance.
Be sure to check out the entire breaker block tutorial here: • Breaker Block Trading: LIVE Trading Exampl...
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