People keep question what is a breaker.
Here is a quick illustration that will explain the difference between what is and what is NOT a breaker.
This goes for both bullish and bearish positions.
Here is a quick illustration that will explain the difference between what is and what is NOT a breaker.
This goes for both bullish and bearish positions.
Key points to understand.
A swing low is defined by a set of three candles. The swing low will have higher lows on each side of it.
Same for a swing highs.
A swing high is defined by a set of three candles. The swing high will have lower highs on each side of it.
A swing low is defined by a set of three candles. The swing low will have higher lows on each side of it.
Same for a swing highs.
A swing high is defined by a set of three candles. The swing high will have lower highs on each side of it.
For there to be a breaker we need to have these defined swing points.
Please refer to ICT's teaching of Institutional Swing Points.
youtube.com
Please refer to ICT's teaching of Institutional Swing Points.
youtube.com
Now that we understand swing points. We need to confirm that there is a stop hunt that occurs. After the stop hunt we then look for displacement through the breaker block. We need to have the displacement leave an FVG aligned with the breaker block for it to be a Unicorn.
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