Notes
- When we are bullish and looking for an entry in the discount area, we apply the Fibonacci tool to the impulse price swing from its low to the high.
- When we are bearish and looking for an entry in the premium area, we apply the Fibonacci tool to the impulse price swing from its high to the low.
- The Sunday opening gap, also referred to as the New Week Opening Gap (NWOG), acts as support and resistance, especially during a week when consolidation occurs.
ICT 2022 YouTube Model - New Week Opening Gap
ICT 2022 YouTube Model - ES Short Trade Entry On 2-Minute Chart
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