MES1! Trade Recap ICT / SMC BreakdownMicro E-mini S&P 500 Index FuturesCME_MINI:MES1!renegadeforexMES1! Raided equal highs from last weeks price action. At the market open there was a bullish impulse which validated the Asian and London lows for retail trades as trending price action. Shortly after the open price retraced and swept liquidity and retail traders out of the move, taking out both the Asian (Sunday evening NY time) and Monday London session open. This is a textbook setup that we as institutional traders can monetize and enter a trade to the opposing liquidity, which in this case was the equal highs formed last week. These equal highs are "resistance" to retail traders and the perfect spot for large funds and retail traders to place stop losses above and look to short from - if not already short from and still holding. So after the order block is formed under the Asian low we know that the overall direction is targeting the equal highs and can enter long positions. There were 2 entries in this case... Entry one was directly on the 1m reversal pattern at the low of the NY session. It offered nearly 10R - however this was a sloppy entry and likely would not have been tagged depending on your entry method... The second and cleaner entry was around 11:20am NY local time after a small correction and continuation. Depending on your entry method this offered around 7R... Here is a few more snapshots of the price action on various time frames...