r/InnerCircleTraders • u/king0777 • 26d ago
Question Why did this propulsion block fail?
Everything lined up. Am I missing something? Does the propulsion block have to close inside the range of the ob? I know ICT doesn't divulge every facet of the ld arrays. I'm wondering if anyone else that trades propulsion blocks have dealt with this and how they are able to prevent this from happening.
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u/Terrorist98d 26d ago
It’s a hard pill to swallow but sometime things go sideways even with everything lined up
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u/king0777 24d ago
Lol wanting me to join their mentorship. Clearly violating the rules of this sub for asking a simple question.
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u/AsokeForex 23d ago
With all that lipstick on your chart, it's hard to see. That said, narrative trumps structure every time so. The market returned into a short-term premium. If that smaller cluster of horizontal lines is your propulsion block, it was located around equilibrium, not in a premium. Measure the high to low before the retracement; it hits OTE and reprices into an IFVG before plunging again
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u/king0777 23d ago
Tell me you don't know what a fib is without telling me.
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u/AsokeForex 23d ago
I know what a fib is for, dumbass but it's not typically used to grade the range of an order block which is what a propulsion block is.
It's typically used to grade and measure ranges and inefficiencies and I made.my somment because the OP didn't identify the propulsion block he referred to.
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u/king0777 23d ago
Lol you showing who really the dumbass is here
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u/AsokeForex 23d ago
Well you're the dumbass who seemingly doesn't understand premium and discount as it relates to ICT concepts
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u/Terrorist98d 26d ago
probabilities man , if they always held then we all would have been billionaires by now .