"Gold ICT x Alchemist Trade Plan: Liquidity Sweep & CHoCH Reversal"

Key Observations:

1. H1 Chart:

• Bearish HTF Trend confirmed.
• Liquidity above a key level with potential for a sweep.
• BOS zones & demand areas marked below.

1. M5 Chart:

• Strong liquidity grab above PDH (Previous Day’s High).
• Change of Character (CHoCH) detected, signaling potential reversal.
• Aggressive push up, possibly inducing sellers.

Clear Entry & Exit Plan Based on Your Charts

📌 Entry Criteria:

1. HTF Confirmation (H1 Chart)

• Bearish Trend Bias is confirmed.
• Liquidity has been grabbed above key resistance.

1. LTF Execution (M5 Chart)

• Liquidity Sweep Above PDH – A potential sell-off trigger.
• CHoCH (Change of Character) confirms bearish intent.
• Look for an order block or FVG (Fair Value Gap) in the premium zone for entry.

🎯 Sell Entry:

• Trigger: Price rejection from liquidity sweep + CHoCH on M5.
• Entry Point: Retest of a bearish OB or FVG near 2998.27-2999.83.

📌 Exit Plan (Take Profit & Stop Loss)

✅ Take Profit (TP):

1. First Target (Partial TP): BOS zone on M5 (~2989) – secure partial profits.
2. Final Target: Weak low on M5 (~2983) or deeper into H1 demand zones (~2978-2975).

🚫 Stop Loss (SL):

• Above the liquidity sweep (above 3002) to protect against false moves.