The Unicorn is a name for a rare-looking but simple combination: a breaker block and a fair value gap that overlap in the same price area, right after liquidity has been taken. Two separate reasons for price to react, in one zone.
How it forms (bullish example)
- Price makes a swing low, rallies a little, then drops and sweeps that low (sell-side liquidity is taken).
- Price turns up with a strong candle and closes above the last swing high: a market structure shift.
- The up candle(s) before the sweep failed as support and are now a bullish breaker.
- The strong rally also left a fair value gap, and that gap overlaps the breaker.
The overlapping part of the two zones is the Unicorn entry area. The bearish version is the exact mirror after a sweep of a high.
Entry, stop and targets
- Entry: a limit order in the overlap, as price pulls back.
- Stop: beyond the sweep low (or the far side of the breaker).
- Targets: the liquidity above, such as old highs or equal highs.
What makes a good one
- the sweep and the shift happen inside a killzone;
- the overlap sits in discount for a buy (premium for a sell);
- the higher time frame bias agrees with the direction.
If there is no overlap between the breaker and the gap, it is not a Unicorn: it may still be a valid breaker or FVG trade, just without the extra confluence.
In ICC Charts
The Unicorn model (M7) in the scanner checks the London and New York AM killzones for a breaker that overlaps the setup's fair value gap, and draws the entry, stop and targets. Switch on the Order Blocks and FVG layers in the terminal to see both zones, and compare it with the Breaker Model.
Education only. No model has a proven edge. Practise on a demo account first.
Open ICC Charts in your browser, free, with the ICT and VSA layers and the model scanner.
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