Why is that VI?
<aside> <img src="/icons/reorder_gray.svg" alt="/icons/reorder_gray.svg" width="40px" /> Volume Imbalance / BPR / Breakaway Gap / SMT
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Going down to the 1H. On NFP weeks, focus only on Mon/Tue/Wed up to PM session. On Thursdays and Fridays, price tends to be choppy and less precise.
Price didn’t touch the VI. And even though it reacted of that FVG upper end, and took out LFT REH, it’s not enough for ICT to feel satisfied. So now we are going to dive in the fractal at point A, that will give us insight about point B and why we can trust to go long there and aim at the REH and potentially run into the VI.
We are going to look this 15m FVG on the 5m.
We are going to use the High of the last bear candle before the FVG. Going to the 1m
Traders are taught that this is Resistance, so therefore lower prices should be expected and we did actually get lower price, but only to a level in discount.
The REH and the VI will serve as a DOL. That means that even though we had a movement lower on 9:30 till 10:00, its going down only to go up.
When we are looking at a market that’s likely to go up (DOL), if we see the market drop into deep discount like that ⬆, its likely to go higher and attack first the BSL, and if gets there, it might as well reach for the VI.
👁 Look the blue FVG. You can trust that it will not complete close in.