Is this a valid ICT setup? NQ buy-side liquidity grab followed by manipulation — used standard deviation for projection

Hey,

I’m relatively new to ICT concepts and trying to understand if I’ve correctly identified a valid setup here. I’d love some feedback from the more experienced folks in the community.

Here’s what I’m seeing:

1. Buy-Side Liquidity Grab : On the NQ chart, we took out a equal highs, which I believe triggered a buy-side liquidity grab. This seems consistent with ICT principles where price moves to target and absorb liquidity before reversing.
2. Manipulation Downward : After the liquidity grab, price started moving down aggressively. This looks like manipulation to me, as it’s a sharp move that seems designed to shake out weak hands.
3. Standard Deviation Projection : To gauge the potential of this move, I used standard deviation levels to project possible areas where price might reverse or consolidate.

https://preview.redd.it/2son4ic8aedf1.png?width=872&format=png&auto=webp&s=20c6472f9a3304720ff43112459d4e062d0a5db1

Questions I have:

• Does this look like a valid setup to you?
• Am I correct in identifying the buy-side liquidity grab and manipulation?
• Is using standard deviation a reasonable approach to project the potential depth of this move, or is there a better method within ICT principles?

Any feedback or constructive criticism would be greatly appreciated! I’m still learning, so feel free to point out anything I might be missing or misinterpreting.

Thanks in advance for your help!