2022 ICT Mentorship Episode 17

Bearish execution is framed around daily round-number levels, hourly SIBI and liquidity context, and the 8:30 New York opening price as a Judas-swing threshold.

Round Number LevelsStandard Deviation LevelsBuy Side LiquiditySell Side LiquiditySibiNew York OpenJudas SwingOrder Block
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Daily chart

He talks about the importance of the big levels and round number levels because of the commerce transactions at the levels

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1hr chart

He talks about the Standart Deviation levels if the relatively equal lows are taken at the left

Price can go to these extended levels

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hourly chart

BSL is taken and now it’s SSL

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1hr SIBI is marked as yellow rectangle

15m chart with NY opening price

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7 am to 10 am NY open killzone with SIBI above opening price with OB-

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5m chart

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Two points he made:

Although we take NY open price we have to take 8.30 opening price into the account as well

For this day there was a red folder news at 10 am

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ICT says because the narrative is bearish

and marked swing high has tapped into 1hr SIBI makes that swing high a ITH

So if we’re bearish that high should be intact

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ICT says this run higher to OB- is designed to take those early shorters’ stops and freak them out before the real move

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If we’re bearish and 8.30 opening is lower than midnight opening price WE USE 8.30 Opening price to set the threshold lower for the judas swing

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