TGIF is day specific trading model That means it will appear only 1 day and that is Friday. The characteristic of this pattern is a retracement into the current weekly range. Think about Weekly PO3 and the distribution phase of that, how does it close. We want to do a top-down  approach when we're doing our analysis and the TGIF trade is going to be extremely  precise if you are anchoring it against some HTF Premium or Discount  array.

On NQ we have Monthly Premium FVG. We traded into it. Once that happens its normal to have some retracement back into the range.

They're all up close candles, but notice where the close is. It's above midpoint of the candles entire  range and the close is near each candle's High. PO3 can be used on all TF, but daily PO3 is crucial. It is basically the where the bullish candle opens, creating the Low of Day. This move down is the manipulation move. Then expansion phase is the opposite direction which creates the High of Day. Then price pulls back inside the range and closes close to the High.

If our HTF analysis suggests that the weekly candle will expand higher**, When we drop initially below the Weekly open we wouldn’t see that as bearish**

1. OPEN: This is the Accumulation phase of Longs.
2. LOW: Manipulation phase where retail trades will be tricked to chase it lower. We can expect the weekly candle open and drop down to some discount array such as:
   1. FVG
   2. Short-term Sell stops on LTF
   3. Old High
3. Then the market will rally above the Weekly Open. Here it can return into BISI or +Breaker that are created in the process.
4. HIGH: Then we have the Expansion towards our HTF DOL. This will create the High of week.
5. CLOSE: Finally the Distribution phase where the candle will pullback from its high, but close near it.

TGIF, or "Thank God it's Friday," is a setup that is defined for the end of the week range concepts. **It is a reversal pattern in the sense that during the last portion of Friday's trading, you can anticipate some retracement back into the weekly range.** The weekly range refers to the lowest low of the week up to the highest high of the week. For example, let's consider it's 2:00PM and you're trading index futures. That’s the ICT Silver bullet between 2:00PM and 3:00PM. The range we focus on is the entire range between the weekly low and high, assuming that the high for the week has formed by around 1:30 PM on Friday. From there, we can expect some retracement back into the weekly range.

💎The setup is valid only if the market has reached some HTF Premium array. If it has not reached a HTF Premium array then it could continue into the close and close right on the  high. so that's how you distinguish whether or not  it's going to form or it's going to keep on going  and closure on the high.

The TGIF pattern can also form in the morning session, but it is **more likely to occur in the afternoon** session, especially if there has been a continuation of an upside move in the morning session. Once you have established High of the Week (more on this later in the lecture), you pull the Fib tool from high to low and you find the **0.2% and 0.3%** of the entire weekly candle. This is the sweet spot where TGIF will draw to.

If we observe price movement on Friday, whether it's in the morning or afternoon session, and we see that a premium target or a fair value level is reached, it is reasonable to anticipate a market pullback. This is especially relevant if the market has been consistently rising throughout the week, as it may be due for a retracement.

We don't anticipate it closing right on the high, so if it's going to come off the high before Friday's close and end the week of trading, it's likely to stop somewhere between the 20% and 30% range.

20% and 30%, respectively, would be the Draw on Liquidity for TGIF. So, think about it like this: the market will likely draw down to 20 or 30 percent of the weekly range. That's how we can anticipate Friday's trading in terms of an intraday reversal or a weekly retracement.

We can anticipate the High of the Week forming in the Lunch hour or just before Lunch. Once that happens, around 1:30PM going into 2:00PM, the assumption is that we're likely to draw down into 20% or 30% of the weekly range. If we've been bullish for a while and we hit our higher time frame premium arrays and targets, it's reasonable for the market to draw back. If a retracement is indeed going to happen before Friday's close, it will likely occur in a controlled manner because the market is algorithmically driven, and price is controlled. We can anticipate where the market will draw down to by defining the weekly range.💎 We anticipate the High to form during Friday Morning or Friday’s Lunch or certainly between 1:30PM and 2:00PM.

Weekly Range from low to high view on the hourly chart.