New week opening gap is key to your weekly/ intraday trading
(Real support and resistance)🔑🎯
Explained Using short bullet points & ICT clip
(Real support and resistance)🔑🎯
Explained Using short bullet points & ICT clip
In this week's trading, The new week opening gap has acted as "support"
However, you need to align Higher tf analysis/ context to determine, how price will react, when the price retraces to the NWOG, because it will act like a magnet, on non-trending weeks!
This week NWOG:
However, you need to align Higher tf analysis/ context to determine, how price will react, when the price retraces to the NWOG, because it will act like a magnet, on non-trending weeks!
This week NWOG:
Here's a short video of ICT talking about the NWOG, acting as support and resistance:
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