Ordinary traders sell, ICT buys. How to build the courage to enter during a fear-driven reversal setup
Introduction
This is today's 5-minute chart of XAUUSD (Gold) on August 5.
After making a high in the NYAM session, prices fell sharply in the NYPM session and were sucked down to the Asia session low (AS.L).
It was exactly at the moment when price rebounded off the upper boundary of the order block and IFVG was confirmed.
To be honest, I’m asking you.
At this moment, could you have bought?
If you only look at the left side of the chart, there is a big pattern resembling a classic head-and-shoulders, and to many eyes it would only look like “it will go down further” or “a selling opportunity at the neck.”
However, immediately after, the price reversed in a straight line and surged not only to TP1 but beyond into liquidity further ahead.
“Why did it not come back to pullback after waiting for a retrace?”
“Why do only entries I’m confident about lose?”
“Even though retracement-selling is the king pattern, why buy here?”
“Buying where everyone is selling is not sane.”
If any of these voices resonate with you, this article is written for you.
Let me get to the core.
The reason you can’t press your entry button isn’t that your willpower is weak. It’s because the place you’re looking at is fundamentally opposite between general traders and ICT traders.
And today’s chart is a clear example of that difference producing the result.
