CORRECTION VIDEO 3/ How to know when correction is Over in ICC

Finance-Focused Summary (ICC Correction: “How to Know When Correction Is Over”)

Core Market / Instrument Context

• The presenter analyzes BTC (Bitcoin) using chart structure concepts.
• A trading framework called ICC = Indication, Correction, Continuation is used.
• The main objective is to determine when a correction phase has finished, so the next continuation move can be anticipated.

Tickers / Assets Mentioned

• BTC (Bitcoin)

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ICC Framework & Step-by-Step Logic

1) Higher Timeframe Setup (Swing Structure)

• Analysis begins on the 4-hour timeframe (sometimes daily).
• The trader looks for indication based on swing structure breaks:
  • Break above a swing high ⇒ indication to buy
  • Break below a swing low ⇒ indication to sell
• After indication occurs, the “hard part” is waiting for the correction phase to develop.

2) Correction Timing: When “Correction” Is Over (Lower Timeframe Confirmation)

• If the trader is uncertain where the correction will end (it may stop early or “anywhere”), they drop to lower timeframes for confirmation:
  • 1-hour, then possibly 30 minutes / 15 minutes / 13 minutes / 5 minutes
• Key rule (direction-dependent):
  • During a down move (sell / correction in progress):
    • Correction is not done if price keeps breaking lows.
    • Correction is considered over when price starts breaking highs—i.e., it stops making new lows and pivots shift.
• Additional confirmation described:
  • Watch for multiple failed attempts to break a previously identified low.
  • Then look for a subsequent move that breaks the relevant high, signaling a more bullish structure again.

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Entry / Management Approach (After Correction Ends)

• Once the “correction over” condition is met (price starts breaking the relevant swing high / bullish confirmation appears), the trader expects continuation.
• The plan includes holding until:
  • A first and/or second TP (take profit) region (no exact numeric TP values are provided), and/or
  • Potentially holding longer if price continues breaking higher levels.
• The presenter also mentions using an alarm / notification to know when price reaches key zones.

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Key Cautions / Recommendations

• Do not trade correction blindly.
  • The presenter warns that traders may set take profit too close (assuming the correction ends inside a marked range), but price can behave unpredictably.
• Confirm using lower timeframes.
  • If the correction doesn’t enter or play out as expected, drop to smaller timeframes to verify when it ends.

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Key Numbers / Explicit Metrics Mentioned

• No precise numeric price levels, yields, percentages, or performance metrics are provided.
• Timeframes explicitly mentioned:
  • 4 hours
  • 1 hour
  • 30 minutes
  • 15 minutes
  • 13 minutes
  • 5 minutes
• Mentions:
  • “91 days” in daily
  • “50 days” (appears to be chart/indicator context rather than performance)

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Disclosures / Disclaimers

• The subtitles do not include a clear formal disclaimer such as “not financial advice.”

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Presenters / Sources

• Presenter is referred to as “So, guys” / the same unnamed individual throughout.
• The strategy is described as:
  • ICC, owned by Trade by Side