ICT tips:
This week’s high-impact event will only appear on Thursday, in other words, there are no major dollar-related events from Monday to Wednesday to drive directional price action. In such an environment, the market often uses the lack of catalysts in the first half of the week to construct a narrative trap.
1. The bias on higher time frames remains bearish.
2. The rise that occurs in the first half of the week (Mon-Wed) should not be hurriedly interpreted as a trend reversal; it is more likely just a pullback at the daily level.
3. The purpose of this rise is to push prices into the premium zone for selling (Premium PDA), preparing the ground for subsequent manipulation and distribution.
4. The real driving force will occur when the high-impact news arrives on Thursday.
This week’s high-impact event will only appear on Thursday, in other words, there are no major dollar-related events from Monday to Wednesday to drive directional price action. In such an environment, the market often uses the lack of catalysts in the first half of the week to construct a narrative trap.
1. The bias on higher time frames remains bearish.
2. The rise that occurs in the first half of the week (Mon-Wed) should not be hurriedly interpreted as a trend reversal; it is more likely just a pullback at the daily level.
3. The purpose of this rise is to push prices into the premium zone for selling (Premium PDA), preparing the ground for subsequent manipulation and distribution.
4. The real driving force will occur when the high-impact news arrives on Thursday.