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ICT YT - 2025-09-19 - Trading Premarket and Regular Session Liquidity

Last modified by Drunk Monkey on 2025-09-27 14:16
1 00:00:00 --> 00:00:08 ICT: Welcome back, folks. Today is September 18, 2025 and today's session
2 00:00:08 --> 00:00:12 is going to be about treating pre market and regular session liquidity. All
3 00:00:17 --> 00:00:20 right, so we're looking at the NASDAQ here. On the left hand side is a daily
4 00:00:20 --> 00:00:25 chart. As you can see, everything I've been teaching so far this week has been
5 00:00:25 --> 00:00:32 panning out to script, and the right hand side chart is a one minute chart
6 00:00:32 --> 00:00:39 intraday for today's price action. So I want to take your attention to this
7 00:00:39 --> 00:00:44 candlestick. Here is the premium wick. Now I mentioned in the first session
8 00:00:45 --> 00:00:49 Tuesday, because Monday was a patience lesson. I didn't post anything that
9 00:00:49 --> 00:00:56 night, but Tuesday, I posted about how the rules for when you're trading all
10 00:00:56 --> 00:01:01 time highs, or near all time highs, you need to be grading all of the premium
11 00:01:01 --> 00:01:10 and discount wicks here. That's two days ago. So when I said in notes to cut
12 00:01:10 --> 00:01:13 through candles this go over top this candle like it's not even there and go
13 00:01:13 --> 00:01:16 right to it. It doesn't matter if there's five days, it doesn't matter if
14 00:01:16 --> 00:01:23 there's four days, if it's one day. You look back during the series of the run
15 00:01:23 --> 00:01:28 in the all time highs, or near all time highs, in close proximity to where
16 00:01:28 --> 00:01:32 you're trading at. Now if there's any premium wick or discount wick, you need
17 00:01:32 --> 00:01:38 to grade it, and we run the fib on it. So it gives us the 25 the 50 and the 75
18 00:01:38 --> 00:01:43 level. It's not really that important to have the high and the low you can have
19 00:01:43 --> 00:01:46 that. I just do it this way because it keeps the chart clean. It helps me also,
20 00:01:46 --> 00:01:49 when I'm trying to illustrate the things to you, because there's less things to
21 00:01:49 --> 00:01:54 look at, one of the hardest things for me to do is to manage the information
22 00:01:54 --> 00:01:58 I'm trying to share, because there's a lot of it coming at you. And I know many
23 00:01:58 --> 00:02:01 times you're wondering, why did I pick this level? Why did I pick that level?
24 00:02:01 --> 00:02:08 And when I keep as little as I possibly can while exercising my experience by
25 00:02:08 --> 00:02:14 teaching it, it helps me focus on the things that I know are salient, but also
26 00:02:14 --> 00:02:18 keeps a lot of the things that you may would otherwise be asking about. Why
27 00:02:18 --> 00:02:22 didn't use this candle? Why didn't you talk about this? Because these are the
28 00:02:22 --> 00:02:27 things that I used. Okay? So I understand by repetition and experience.
29 00:02:27 --> 00:02:31 You'll get that same experience by spending time with me doing this. But if
30 00:02:31 --> 00:02:35 you're just watching this, and you're not annotating the charts or the PDFs
31 00:02:35 --> 00:02:39 I'm sharing, if you're not printing them out or like typing over them or writing
32 00:02:39 --> 00:02:45 by hand, observations, things that you are seeing, repeat things that are
33 00:02:45 --> 00:02:49 noteworthy for you in your present development, then you're wasting your
34 00:02:49 --> 00:02:52 time if you're not doing it, because just simply watching me being a
35 00:02:52 --> 00:02:59 spectator of what I'm showing and then using as you saw today, I shared the
36 00:02:59 --> 00:03:05 recording of me doing this short this morning. It was an enigma trade. And I
37 00:03:05 --> 00:03:09 just tossed that out there because I have had a lot of people email me asking
38 00:03:09 --> 00:03:12 me, does this person know your Enigma algorithm? Does this person know? Does
39 00:03:13 --> 00:03:19 this know? They don't know? Okay, and the proof was, it again today that I was
40 00:03:19 --> 00:03:24 selling at the high, which you'll see right in here, and then writing it down
41 00:03:24 --> 00:03:31 into a liquidity pool I shared beforehand on X so you want to grade
42 00:03:31 --> 00:03:38 those premium wicks, and I didn't have this graded because it would, it would
43 00:03:38 --> 00:03:42 basically undermine everything That was anticipating, which has been expansion
44 00:03:42 --> 00:03:46 to the upside, looking for higher highs, as we were noting on Tuesday night in
45 00:03:46 --> 00:03:54 the first lecture this week. So this dashed line here is this dashed line
46 00:03:54 --> 00:03:59 here on the one minute chart. Okay, just check it over here, 24,006 47 and a
47 00:03:59 --> 00:04:05 quarter. 24,006 47 and a quarter. And then in the upper quadrant of this wick,
48 00:04:05 --> 00:04:11 okay, the only thing we've done here is lay the fib on this candlesticks body to
49 00:04:11 --> 00:04:19 the high noting the 7550 and 25% levels. The upper quadrant level of this wick
50 00:04:19 --> 00:04:26 comes in at 24,006 19 even. That's this level right here, and that's going to be
51 00:04:26 --> 00:04:30 pertinent in a few minutes, but for right now, that's all you need to know.
52 00:04:30 --> 00:04:36 And these levels are no longer important for the rest of this production, but I'm
53 00:04:36 --> 00:04:39 keeping it here so that way you can track where everything is when it's
54 00:04:39 --> 00:04:43 salient. I'll just highlight this one purple, and I'll remove these to draw
55 00:04:43 --> 00:04:50 your attention to what it is I want to show you right? So we have pre market
56 00:04:50 --> 00:04:55 start. Okay, so this is pre market session start, or open at 7am that's
57 00:04:55 --> 00:04:59 what the equities market is. And you can see how we had this really obvious.
58 00:05:00 --> 00:05:05 Smooth edge, buy side liquidity pool left there, and I mentioned on a very
59 00:05:05 --> 00:05:08 short little vignette, and I'm not going to include it here, because it's for
60 00:05:08 --> 00:05:14 people that watch and follow me on X, how I found this run here up into that
61 00:05:14 --> 00:05:19 liquidity pool. So everything above these relative equal highs, all of this
62 00:05:19 --> 00:05:23 in here was retail getting trapped offside, and then they were going to
63 00:05:23 --> 00:05:27 drop it. I know you're going to ask me, how did I know that? Because it's
64 00:05:27 --> 00:05:35 Thursday. Thursday is the day right before Friday, obviously, and the week
65 00:05:35 --> 00:05:39 ends, and we can't trade anymore after five o'clock on Friday. So when we have
66 00:05:39 --> 00:05:44 a really bullish week, as we've seen so far this week, it tends to create these,
67 00:05:44 --> 00:05:49 either the high of the week forms on Thursday, or it'll create these fake
68 00:05:49 --> 00:05:53 highs of the week, and then it'll come back raging and blow out the high like
69 00:05:53 --> 00:05:57 it did today. So I like to look for scenarios like this, where they prime
70 00:05:57 --> 00:06:03 the market so retail sees as resistance. They drop it down so they think it's
71 00:06:03 --> 00:06:06 going to go lower. Then they run up here and gather all the buy stops that they
72 00:06:06 --> 00:06:11 left here, trying to short it prematurely. So all of these little runs
73 00:06:11 --> 00:06:19 in here is just them accumulating short positions to trade down to the lower
74 00:06:19 --> 00:06:25 quadrant of that premium wick, find that at like, off, okay, it's not there. So
75 00:06:26 --> 00:06:32 when price ran above this high here, I was really interested in seeing that as
76 00:06:32 --> 00:06:38 a short why? Because we were going into the 830 news injection, where we have
77 00:06:38 --> 00:06:45 volatility, flood the market, and it's all during a time when I anticipate this
78 00:06:45 --> 00:06:51 being manipulation and accumulating short positions by smart money, which
79 00:06:51 --> 00:06:57 will be distributed lower off setting here, at minor sell side, at pre market
80 00:06:57 --> 00:07:03 session, sell side, and having an expectation of lower prices on a day
81 00:07:03 --> 00:07:07 when you're primarily bullish, you have to know exactly where you want to get
82 00:07:07 --> 00:07:12 out at, otherwise you'll marry the idea and stay too long. So I elected to use
83 00:07:12 --> 00:07:16 this while I was making breakfast this morning, I was recording the trade and
84 00:07:16 --> 00:07:22 entering and managing it and giving commentary over the phone. Okay, so you
85 00:07:22 --> 00:07:27 saw that. It's been shared on x and it's also uploaded to YouTube. I will include
86 00:07:27 --> 00:07:34 the link to watch that video in the comment section of this very video here.
87 00:07:36 --> 00:07:41 So continuing on here, we're going to move a little bit forward in time. So
88 00:07:41 --> 00:07:47 this is the pre market session start or 7am the consolidation around the buy
89 00:07:47 --> 00:07:52 side, where it accumulates it and then right before the 830 news, they rally it
90 00:07:52 --> 00:07:55 up, taking out this short term high and this high here. I want to be selling
91 00:07:55 --> 00:08:00 short right there. Even if it stops me by running higher, it doesn't matter to
92 00:08:00 --> 00:08:04 me, it's just one of those things where you're wrong. But everything here was
93 00:08:04 --> 00:08:09 suggesting, because it's Thursday, they primed the market, you know, early on in
94 00:08:09 --> 00:08:15 London, and then seven o'clock, they ran it up, did not break it down here, kept
95 00:08:15 --> 00:08:21 holding it 830 as we approach that, that's going to be the next wave of
96 00:08:23 --> 00:08:28 basically a price run. So we have one starting at seven o'clock. It ran into
97 00:08:28 --> 00:08:33 the liquidity I outlined that on little video on x, and then at 830 we're going
98 00:08:33 --> 00:08:38 to see a more significant intermediate term price run intraday. Then we have
99 00:08:38 --> 00:08:42 that here. Market breaks down, it consolidates and spends a little time in
100 00:08:42 --> 00:08:46 here. It finally gives up the ghost and trades lower, hits the first minor sell
101 00:08:46 --> 00:08:50 side liquidity pool, and then trades down to the pre market session sell side
102 00:08:50 --> 00:08:55 liquidity pool, which I was looking for. There's a smaller, little, tiny, little
103 00:08:55 --> 00:08:58 sell side liquidity pool, but it's not worth mentioning here because it's so
104 00:08:58 --> 00:09:02 close to where this is. So this is the only one that's really noteworthy for
105 00:09:02 --> 00:09:06 your annotations in that buy side liquidity pool I just highlighted over
106 00:09:06 --> 00:09:13 here so that we can reference what this was all about. So time and then price
107 00:09:13 --> 00:09:18 and then liquidity. Where's it going to draw to here, and then draw down to
108 00:09:18 --> 00:09:24 here. And moving forward, you can see this was a reclaimed, bearish fair value
109 00:09:24 --> 00:09:27 gap. As I mentioned during the recording, I hide on it and show you,
110 00:09:27 --> 00:09:33 that's why it was pausing in here. So this is time distortion inside of this
111 00:09:35 --> 00:09:39 fair value gap that we went above once we got back down below it. Now this is a
112 00:09:39 --> 00:09:43 reclaim. It's not an inversion fair value gap. It's resuming its original
113 00:09:43 --> 00:09:47 characteristic at the formation of it, which is a Sibi, which is bearish, if
114 00:09:47 --> 00:09:51 you trade back up to it, while we're trading up to it here, it's
115 00:09:51 --> 00:09:55 consolidating. And there's a smaller, little one inside this little area,
116 00:09:55 --> 00:10:01 right in here, this pre market session, buy side liquidity pool. Was created in
117 00:10:01 --> 00:10:05 all of this consolidation. And that's right there. It's where I was going
118 00:10:05 --> 00:10:11 short. You can see it in the recording. Market breaks lower. There's a small
119 00:10:11 --> 00:10:16 little fair value gap in here, right at that low, really nice little drive up
120 00:10:16 --> 00:10:17 into that.
121 00:10:19 --> 00:10:24 And then this is also an inversion fair value gap, which later on, after the
122 00:10:25 --> 00:10:30 regular trading session begins at 930 it trades up into that, showing you where I
123 00:10:30 --> 00:10:37 entered short. I added all in here inside that reclaimed parish fair value
124 00:10:37 --> 00:10:42 gap. And then it broke lower, and then the limit order, which is what you watch
125 00:10:42 --> 00:10:46 in the recording gets filled here. Now, why didn't I hold for this objective or
126 00:10:46 --> 00:10:50 this objective, if I'm going to sit here and talk to you like I'm sounding so
127 00:10:50 --> 00:10:56 smart, right? Well, it's going against the underlying macro direction on the
128 00:10:56 --> 00:11:02 daily chart. So I know I'm going against the grain. So I want to be nimble and
129 00:11:02 --> 00:11:08 pick a low hanging fruit objective to get out at. That means the pre market
130 00:11:08 --> 00:11:11 session, sell side, liquidity pool, the low here. That's the easiest thing to
131 00:11:11 --> 00:11:17 reach for, and it's a no brainer. It really offers a good reward. The risk
132 00:11:17 --> 00:11:23 was minor compared to the reward here, and it's high probability. It's not high
133 00:11:23 --> 00:11:27 probability to see it drop like this and expect it to trade down to the previous
134 00:11:27 --> 00:11:34 days. Well, not the previous days, but Monday's high, which is right here, or
135 00:11:35 --> 00:11:40 reaching down into the upper quadrant level of this wick, which would be this
136 00:11:40 --> 00:11:46 level here. So notice, while I got out here, it dropped down further, but then
137 00:11:46 --> 00:11:51 failed to get to that level there, which is this candlesticks high, or that
138 00:11:51 --> 00:11:56 premium wick. So by it not getting there and then retracing all the way back up
139 00:11:56 --> 00:12:02 and all this messy price delivery, I say that with tongue in cheek, but it
140 00:12:02 --> 00:12:05 reaches up into inversion, fair Bay gap, and then comes back down and takes out
141 00:12:05 --> 00:12:11 these relative equal lows, digs into that upper quadrant level right here
142 00:12:12 --> 00:12:17 during the regular trading session. So here's that regular trading session
143 00:12:17 --> 00:12:20 start time. We have a minor sell side liquidity pool here, relative equal
144 00:12:20 --> 00:12:26 lows. And then we have this minor Buy, Sell liquidity pool, which watch what
145 00:12:26 --> 00:12:30 it's doing here. While it's consolidating at 930 it drops down
146 00:12:30 --> 00:12:35 first, that's a fake out. Then it drives up into the inversion fair value gap,
147 00:12:36 --> 00:12:41 trapping what breakout artists that want to be buyers. Then they rake them across
148 00:12:41 --> 00:12:46 the coals to take out the sell side here and dig into this candlesticks high that
149 00:12:46 --> 00:12:51 daily, high the dashed line, and then into the upper quadrant level of this
150 00:12:51 --> 00:12:57 premium wick, which is this 24,006, 19. Once it trades there, then there's a
151 00:12:57 --> 00:13:00 rejection away from that. Then we have a nice little sugar rush where it runs
152 00:13:00 --> 00:13:04 right back over top of everything that was given and attacks the remaining
153 00:13:04 --> 00:13:08 stops here. Why? Because the market is primarily bullish. I mentioned this on
154 00:13:08 --> 00:13:13 Tuesday. Avoid when we're in all time highs. Avoid trying to pick the top this
155 00:13:13 --> 00:13:17 is classic, classic bait and switch. This is exactly what they do all the
156 00:13:17 --> 00:13:22 time. And they come back down and touch that old daily high that's this high
157 00:13:22 --> 00:13:30 here, retraces lower, then rallies and straight drive all the way up to clear
158 00:13:30 --> 00:13:37 this liquidity over here, notice these quadrant levels in here, it trades up
159 00:13:37 --> 00:13:44 into the lower quadrant of this bison balance house on efficiency, which is
160 00:13:44 --> 00:13:50 the inversion for Vega. So it hits that here as the opening range high it drops
161 00:13:50 --> 00:13:55 down, hits the objective of the upper quadrant of the premium wick on the
162 00:13:55 --> 00:14:03 daily chart. There and then find support and discount sensitivity at this.
163 00:14:03 --> 00:14:12 Candlesticks high, the wick high, and it starts to rally. This is the first
164 00:14:12 --> 00:14:18 resent, the fair value gap I'm showing with the volume imbalance here. And
165 00:14:18 --> 00:14:24 there's a small little volume of balance in there. Project it up forward. We
166 00:14:24 --> 00:14:29 trade through it, come back down, use it as a discount array and then sends it
167 00:14:29 --> 00:14:37 higher. Now I've taken away the other quadrants on that premium wick, as I
168 00:14:37 --> 00:14:42 mentioned earlier that I would and changed it to like a purple color, and
169 00:14:42 --> 00:14:46 that's it right here. So you can see clearly it drops down into that inside
170 00:14:46 --> 00:14:50 this range of the daily candlestick. You can't see what's going on, but all of
171 00:14:50 --> 00:14:57 this is the architecture of that daily range being fulfilled. And it rallies up
172 00:14:57 --> 00:15:01 and clears the buy side. And again. Everything back as it is, because I want
173 00:15:01 --> 00:15:07 to keep it on the chart and the news driven by side liquidity pool, which is
174 00:15:07 --> 00:15:16 here, gets taken out coming forward. Fair value gap. Here is an inversion
175 00:15:16 --> 00:15:19 fair value gap. I'm going to go back up one so you can see what that is. Take a
176 00:15:19 --> 00:15:28 look at the price. Okay, around 24, or 740, that's this one here that reclaimed
177 00:15:28 --> 00:15:32 bearish, fair value gap. I'm extending that forward. Okay, that's exactly
178 00:15:32 --> 00:15:36 what's going to happen here, and that's this one right here. So what I'm showing
179 00:15:36 --> 00:15:43 you now inside of this box I'm delineating at 10am when the market's
180 00:15:43 --> 00:15:48 bullish, the lunch macro will look for sell side liquidity when it's bullish.
181 00:15:48 --> 00:15:51 And the way you do it is you find 10 o'clock in the morning, and you walk
182 00:15:51 --> 00:15:56 forward until you see a prominent swing low, or the obvious one since 10am
183 00:15:57 --> 00:16:02 that's this one right here you see that. So lunch macro will seek sell side
184 00:16:03 --> 00:16:07 formed after 10am so it's the first prominent sell side liquidity pool after
185 00:16:07 --> 00:16:13 10am that's what it'll reach for. That's this one right here. So we have a drive
186 00:16:13 --> 00:16:18 higher off of that inversion fair value gap that takes out the buy side here.
187 00:16:18 --> 00:16:22 Now the lunch macro, because we're approaching what time 1130 it'll start
188 00:16:22 --> 00:16:26 running for the lunch macro. The algorithm will pull back into the range
189 00:16:26 --> 00:16:33 and seek that liquidity right there. So it's lunch macro, sell side liquidity
190 00:16:34 --> 00:16:41 and the buy side. Here it runs that first I have a fair value gap here, it's
191 00:16:41 --> 00:16:44 bearish trades up into here, hits the consequent encroachment of that gap
192 00:16:44 --> 00:16:50 perfectly, then breaks lower. There's a small little inefficiency you'll see
193 00:16:50 --> 00:16:58 when we zoom in here. This is a volume imbalance with this candlestick. Volume
194 00:16:58 --> 00:17:01 imbalance there. So that's these two lines are being I didn't want to have
195 00:17:01 --> 00:17:05 two rectangles shown. That's why I show it as a small little line segment,
196 00:17:05 --> 00:17:09 versus two rectangles close to this one and this one, anyway, smaller fair bag
197 00:17:09 --> 00:17:13 out there, and it'll look much more obvious when I zoom in. But for now, I
198 00:17:13 --> 00:17:22 want you to look at what this is. See that? Look at that. So not only is it
199 00:17:22 --> 00:17:27 lunch, macro, sell side, liquidity pool, grade, retracement into the daily range,
200 00:17:27 --> 00:17:32 but all over here to down here. Watch all of this. We're going to zoom into
201 00:17:32 --> 00:17:36 this. This is a fractal we're going to zoom into that. You're going to see.
202 00:17:37 --> 00:17:43 It's my ICT, market maker, cell model, low accumulation, re accumulation, smart
203 00:17:43 --> 00:17:49 memory reversal, low risk, cell distribution, redistribution. Second
204 00:17:49 --> 00:17:56 stage that right there is the best run lower, and it'll quickly deliver to the
205 00:17:56 --> 00:18:00 standing liquidity or pending orders below that low, beautiful, beautiful,
206 00:18:00 --> 00:18:04 beautiful, and it pulls back up into the range that was created from here and
207 00:18:04 --> 00:18:09 here. And basically it became something I'm not interested in the rest of the
208 00:18:09 --> 00:18:12 day. All right, US dollar, as I mentioned last night, it would need to
209 00:18:12 --> 00:18:18 trade higher and then use the inversion fair value gap here that I don't have in
210 00:18:18 --> 00:18:23 the right color. I apologize, but I'm trying to keep it so it's reminding me.
211 00:18:23 --> 00:18:28 As soon as I see it, it's a forex pair or dollar based and that's what we're
212 00:18:28 --> 00:18:34 looking at here. So the market rallies off, comes above, and look at the same
213 00:18:34 --> 00:18:38 quadrants I told you to have on your chart last night. Look what we did at
214 00:18:38 --> 00:18:43 midnight. We rallied up, we drop down. Perfect delivery. Look at the look at
215 00:18:43 --> 00:18:50 that. This is beautiful. Rise up to the consequent encroachment and drops down.
216 00:18:51 --> 00:18:55 Colors Outside the Lines accumulates with the bodies right here on that lower
217 00:18:55 --> 00:18:59 quadrant level. That's the lower quadrant of the range between this
218 00:18:59 --> 00:19:03 volume and balance and that volume imbalance there, that candlesticks open
219 00:19:03 --> 00:19:06 and that candlesticks closed. That's what we're measuring. Put your fib on
220 00:19:06 --> 00:19:13 that on your daily Dollar Index, and post the 2575 and the 50 level
221 00:19:13 --> 00:19:16 respectively, and you'll get these levels here on a five minute chart. You
222 00:19:16 --> 00:19:19 can see it rallies up. Look at the bodies respect and consequent
223 00:19:19 --> 00:19:23 encroachment. Look at the candlestick right here on the upper quadrant. And
224 00:19:23 --> 00:19:28 then it sends it accumulates more small little paws of the body's respecting the
225 00:19:28 --> 00:19:33 high of that inefficiency, and then rallies up, taking out this high. If you
226 00:19:33 --> 00:19:40 measure the low to this high here and do your standard 0.5 level negative, you'll
227 00:19:40 --> 00:19:44 get around this high here as a swing projection, which is kind of cute, but
228 00:19:45 --> 00:19:49 the sensitivity here, okay, these are not pivots, okay. This is nothing in
229 00:19:49 --> 00:19:52 here. Is Wyckoff, nothing in here, supply and demand. Nothing's Elliott
230 00:19:52 --> 00:19:58 Wave. Nothing is Hirsch, none of that stuff. This is to simply looking at
231 00:19:58 --> 00:20:02 inefficiencies and many. Measuring them and looking at them as the algorithm
232 00:20:02 --> 00:20:06 will. And I'm sorry if that's a hard thing for you to swallow, but that's
233 00:20:06 --> 00:20:08 just the truth.
234 00:20:08 --> 00:20:13 And then on the Euro dollar, I mentioned how we ran up here, hit that weekly
235 00:20:13 --> 00:20:18 relative equal highs, the market has pulled back, and we have this gap in
236 00:20:18 --> 00:20:23 here that's being measured with these gradient levels, the lower quadrant,
237 00:20:23 --> 00:20:27 consequent encroachment in the upper quadrant. And then I measured this
238 00:20:27 --> 00:20:31 premium wick here, which is not useful at the moment. I just have it on there,
239 00:20:31 --> 00:20:35 because I want to have it in case we see some kind of movement up into these
240 00:20:35 --> 00:20:39 levels again. So Don't, don't look at this thinking that I'm trying to
241 00:20:39 --> 00:20:45 indicate anything with it while it was here. These, these are created when the
242 00:20:45 --> 00:20:49 run up happened, but now I have them on my chart, so if we go back up into that
243 00:20:49 --> 00:20:54 range, they'll be salient to me at a later time over here. This was practical
244 00:20:54 --> 00:21:01 for today, because it had already been formed two days ago, three days ago, so
245 00:21:02 --> 00:21:07 or two days ago, yeah, we have the run here at 2am creating the sell, solid
246 00:21:07 --> 00:21:12 liquidity pool. High runs the high out. So there's a buy, sell, liquidity purge
247 00:21:12 --> 00:21:17 there, and here's a venom rally up one candle. Remember, I told you it takes
248 00:21:17 --> 00:21:20 one, but it can be a number of candles up here, and then you have a single pass
249 00:21:20 --> 00:21:26 candle down, so up and down, and then we trade up into that candlestick right
250 00:21:26 --> 00:21:32 there. That's venom. Sells off inversion, fair value gap there. Hits it
251 00:21:32 --> 00:21:35 hits it again. Don't, don't look at these levels right now, because they're
252 00:21:35 --> 00:21:41 not pertinent for this period. These are only salient and also there as a result
253 00:21:41 --> 00:21:50 of this premium wick forming today, we have a fair value gap here breaks down
254 00:21:50 --> 00:21:56 consolidation in here, measuring gap breaks lower. Institutional or flow
255 00:21:56 --> 00:22:00 entry drill, which is a gap that only has one little candlestick pop above it
256 00:22:00 --> 00:22:04 like that. Doesn't even go to halfway point, breaks lower aggressively, takes
257 00:22:04 --> 00:22:12 the sell side and trades down into the fair value gap between these two candles
258 00:22:12 --> 00:22:16 here on this one up close candle trades down to it there, beautifully there, and
259 00:22:16 --> 00:22:23 trades back into the middle of the range of this gap between these three quadrant
260 00:22:23 --> 00:22:28 levels right here. So that's what I got for today. Hopefully you found that
261 00:22:28 --> 00:22:29 insightful. Thank you
262 00:22:38 --> 00:22:41 for your continued interest until I'll talk to you next time. I wish good luck
263 00:22:42 --> 00:22:42 and good trading.