ICT called on twitter the 2 FVGs, above and below, but trading to the lower one was more likely.
This is from the previous Market Review.
https://twitter.com/I_Am_The_ICT/status/1672228195947479042?s=20
We extend Midnight Opening Price all the way till 11:00AM.
The algorithm will reprice into a Premium Inefficiency. 💎The best shorts will be above MOP.
Why do we pick those BSL and SSL? They are London’s Session High and Low.
Judah swing is a false run that gets people to chase it. They get offside. It goes to a very specific PD array. In this case the old SIBI + Buyside. Now we’ll enter a Sell Program. Then price went down into our Daily FVG low.
If you are bearish the best short opportunity will happen above Midnight open PRICE. What about TIME? When will the Judas form? Between 9:30AM and 10:00AM. Opening range.
So we're expecting this rally higher to be opposed to the direction we're expecting last Friday down there. So retail sees all this and thinks, 'Wow, look at that, it's really going up.' Yeah, it's going up for smart money to go short. They are counterparty to London Session Buyside Liquidity aiming for London Session Sellside liquidity.
Whenever we have Opening Range Gap lower we are in Discount. If we open above, then we are in Premium.
When you have algorithmic proof that price is not willing to go higher (in this case the proof was when it didn’t ran the most recent Swing High), you can trust and place your SL above C.E. in this case of the large SIBI.
💎So we are going to anticipate the algorithm repricing back down into the opening range Gap. This is a repricing macro.
