<aside> <img src="/icons/reorder_gray.svg" alt="/icons/reorder_gray.svg" width="40px" /> Opening Range Gap / Homework / Efficient price delivery / Silver bullet / Old Swing points

</aside>

Dollar Index

EURUSD

ESU2923

ESU2023_2023-07-18_15-18-28.png

ESU2023_2023-07-18_15-32-32.png

Looking at both scenarios its more likely price to continue higher. We wait and look how price moves till the Opening at 9:30 on Monday.

ESU2023_2023-07-18_15-34-20.png

ESU2023_2023-07-18_16-08-33.png

ESU2023_2023-07-18_16-16-37.png

πŸ’ŽOpening range Gap acts and performs in the same manner as we would expect a Weekly volume imbalance.

<aside> ✍🏼 Homework: Look how price reacts from these 3 Opening range gaps on ETH. Study and explore the Gradients.

ESU2023_2023-07-18_16-42-40.png

ESU2023_2023-07-18_16-42-09.png

πŸ› Efficiently delivered price: Up and down!

ESU2023_2023-07-18_16-25-35.png

ESU2023_2023-07-18_16-35-05.png

ESU2023_2023-07-18_16-58-39.png

ESU2023_2023-07-18_17-02-17.png

ESU2023_2023-07-18_17-08-38.png

πŸ’ŽWe can frame breaker blocks with Opening Range Gaps. When we have breaker in front the full closure of the ORG, the gap won’t fill completely.

ESU2023_2023-07-18_17-14-28.png

ESU2023_2023-07-18_17-28-03.png

πŸ’Ž Whenever there is consolidation during the Silver Bullet hour, always wait for Displacement.

πŸ’ŽEvery old liquidity pool acts like an inefficiency. It'll many times revisit it and act as the opposite. So, if we were seeing buy-side as a draw here, the algorithm will refer back to this area and draw back down into it. But it has to be some measure of why it was drawn to for Buy-side.