Notes
- If a Breaker or Mitigation Block fails, they become inverse PD arrays.
- In the HRLR environment, Michael collects partial profits on the way to the primary target, while in the LRLR environment, he aims at one obvious target.
- A market is unlikely to rip through a consolidated area (Balanced Price Range) unless there is significant momentum or other strong market factors.
- In a High-Resistance Liquidity Runs environment, we should anticipate potential retracements and be mindful of where to take partials, such as at Consequent Encroachment levels of previous wicks, or highs/lows.
- The key is knowing where to scale off portions of our trade, based on time of day, market conditions, and personal trading plan.
NQ - Balanced Price Range Area As High-Resistance Liquidity Run
NQ - Using Consequent Encroachments
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