2022 ICT Mentorship Live Stream 1
Price was expected to reach a NWOG after trading through a premium SIBI and taking buy-side liquidity, but absent news required stronger confirmation and no trade was taken.
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It was not pretty and text-book setup idea but the main logic is there.
We watched price deliver to where we were expecting it to trade to. The ideal scenario was NWOG to be traded to. ICT pointed out a specific SIBI at premium and explained how the market is more likely to go to the NWOG. Then the BSL is taken - both for the stops from earlier and rushed shorters during 9 30 opening short term stops above those REQHs. No trade was offered - no setup taken.
Because there’s a lack of news. Is that high probability? No, it’s low probability so that means:
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