US100Cash Trading Analysis Using ICT Concepts
1. Market Structure (Higher Timeframe - 4H Chart)
Current Price Action:
- The 4H chart shows a bearish close (19,134.6) after testing a high of 19,303.2 and a low of 19,127.2.
- The market is in a pullback phase after a prior downtrend.
- The 4H candle closed bearish, suggesting sellers are in control near the highs.
Key ICT Levels:
- Resistance (Sell-side Liquidity): 19,303.2 (Previous High)
- Support (Buy-side Liquidity): 19,120.1 (1H Low)
- Daily Open Price (DOL): Not visible, but if price opens below yesterday's close, look for continuation.
2. 1H Chart Analysis (Intraday Momentum)
Bearish Momentum:
- The 1H chart shows a lower low (19,120.1) and a weak close at 19,122.9.
- The -164.2 (-0.85%) drop indicates strong selling pressure.
- Fair Value Gap (FVG): Between 19,200 - 19,300 (potential retracement zone).
Liquidity Pools:
- Highs (19,303.2): Likely where stops are, making it a target for liquidity grabs.
- Lows (19,120.1): If broken, could trigger further downside.
3. ICT Trading Strategy for 9:30 AM EST Open
Scenario 1: Bearish Continuation (High Probability)
If Price Opens Below 19,134.6 (4H Close):
- Entry: Short on a retest of 19,150 - 19,180 (previous support turned resistance).
- Stop Loss: Above 19,200 (above the FVG).
- Targets:
- First TP: 19,100 (minor support).
- Second TP: 19,050 - 19,000 (liquidity sweep below 19,120).
Scenario 2: Bullish Reversal (Low Probability, Needs Confirmation)
If Price Holds Above 19,120 and Retraces with Strong Buying:
- Entry: Long only if price reclaims 19,200 with volume.
- Stop Loss: Below 19,120.
- Target: 19,250 - 19,300 (liquidity above).
4. Key ICT Concepts Applied
- Liquidity Grab: A break below 19,120 could target stops below, then reverse.
- FVG & Order Blocks: Watch for imbalances between 19,200 - 19,300 for rejection.
- Time & Price Alignment: NY session open (9:30 AM EST) often brings volatility.
5. Final Trade Plan
- Preferred Bias: Short (Continuation) unless price reclaims 19,200+.
- Confirmation: Wait for bearish rejection at 19,150-19,180 or breakdown below 19,120.
- Risk Management: Tight stops (0.5% risk per trade).
Conclusion: The market structure favors downside continuation, but watch for liquidity sweeps below 19,120 before reversal. Trade with NY session momentum.
US100Cash Daily Analysis (ICT Framework)
1. Market Structure
Price Action:
- Close: 19,150.1 (bearish)
- High/Low: 19,388.4 / 19,110.0
- Momentum: Bearish (-0.45%)
2. Key ICT Levels
| Level Type | Price | Significance |
|---|---|---|
| Resistance | 19,388.4 | Swing high (sell-side liquidity) |
| Breakdown | 19,110.0 | Daily low (liquidity pool) |
| Retracement | 19,200-19,300 | FVG/Order Block |
3. Trading Strategy
Bearish Continuation (High Probability)
Entry: Short at 19,200-19,250
Stop Loss: Above 19,300
Targets: 19,000 → 18,900
Bullish Reversal (Low Probability)
Entry: Long above 19,200
Stop Loss: Below 19,050
Target: 19,388.4
Conclusion
Bias: Short below 19,200. Watch for liquidity sweep below 19,110.
US100Cash Intraday Analysis (NY Session Open)
1. Market Structure
Price Action (15M/30M):
- Current: 19,183.0 (testing resistance)
- High/Low: 19,184.7 / 19,120.7
- Momentum: Neutral-bullish (+0.32%)
2. Key ICT Levels
| Level | Price | Significance |
|---|---|---|
| Resistance | 19,184.7 | Today's high (liquidity) |
| Support | 19,120.7 | Today's low (liquidity) |
| FVG | 19,150-19,170 | Retracement zone |
3. Trading Scenarios
Short Entry (Bearish Rejection)
Entry: 19,175-19,185
Stop Loss: Above 19,200
Targets: 19,150 → 19,120
Long Entry (Bullish Breakout)
Entry: Break above 19,200
Stop Loss: Below 19,170
Targets: 19,250 → 19,300
Neutral/Range-Bound
Strategy: Fade extremes (19,120-19,185)
Stop Loss: 10-15 pips beyond range
4. Final Trade Plan
Bias: Short below 19,185. Long only above 19,200.
Watch: Liquidity at 19,184.7 and 19,120.7.