Weekly Range Profile
Tuesday Low of Week [Example]
By: Alextlaz
Mentor & Concept Credits: Michael J Huddleston
In this paper I will be going in depth through the ICT weekly Profile: Classic Tuesday
Low of Week. As well as offering my interpretation utilizing price engine model logic and
price delivery phase logic. Keep in mind the Profile chosen is just for example purposes,
the logic is meant to be applicable on all profiles.
Hope you enjoy it.
Classic Tuesday Low of Week [Weekly Profile] : Img 1.1
Daily Price Delivery [Expectation] :
Monday : Consolidation
Tuesday : Reversal
Wednesday : Expansion
Thursday : Expansion
Friday : Expansion | Retracement
The Daily Price Deliveries above would be from a daily / weekly view
Price will only be performing 1 of the 4 price delivery forms throughout the weekly /
daily view.
The logic is: Monday consolidates, Tuesday reverses at a higher time-frame Price
Delivery Array [Price] , and the remainder of the week would be expansion.
Now, the same way we apply these delivery forms and assign them to a specific day
[Time]. Their application can be used for the time of day as well.
Img 1.2:
Each day will provide all 4 of the delivery phases - Intraday Phase Application
The Sessions utilize the phases in specific manner [for this specific Weekly profile]:
Asia Session : Consolidation
London Open : Normal Protraction | Reversal | Expansion
NY Open: Retracement | Reversal | Expansion
London Close: Reversal | Expansion
Monday [Expectation] : Consolidation for Majority of sessions, London Open or NY open
can possibly cause a reversal + expansion in the direction of the HTF PD Array that will
cause the reversal on Tuesday
Tuesday [Expectation] : London Open or NY Open reversal at HTF PD Array
Wednesday [Expectation] : London Open or NY Open Retracement into PD Array within
Tuesday + Monday Range -> Upside Expansion towards DOL
Thursday [Expectation] : London Open or NY Open Retracement into PD Array within
Wednesday Range -> Upside Expansion towards DOL
Friday [Expectation] : London Open or NY Open Retracement into PD Array within
Thursday Range -> Upside Expansion towards DOL -> Possible Reversal at high of
week if DOL is met
Img. 1.3 [Entry Frame : PD Array + Time of Day]
During Expansionary Days [Wednesday | Thursday | Friday ]
If our PD Array is met during the first session of the day, then we can expect the
upcoming sessions to continue the expansion.
Each session will provide all 4 of the delivery phases - Intra–session Phase Application
Daily and Session phases have been defined. There can be an expectation built around
the time of the session where a phase can occur as well.
Example:
Monday consolidated, Tuesday reversed at HTF PD Array reversed, and caused a market
structure break.
On Wednesday price consolidates during Asian Session, London Open retraces into a
PD Array within Tuesday Range [Entry Frame]. This will happen during the first few
minutes of the London open session [2:00 AM - 3:00 AM].
Use the Retracements [Sell-side] caused by liquidity injections [London Open 2:00 AM |
NY Open 9:30 AM] into previous day range PD Arrays when framing an expansion day.
Frame [With Weekly Profile Logic and Price Delivery Phases] :
1. Day of Week
2. Session of Day
3. Time of Day
Img 1.4 [Price Engine Models - Daily View]
Under a HTF Buy Program:
Price will use a LTF Sell Program to delivery into PD Arrays for expansion
At the PD Arrays Price will use one of the two Engine Models:
[Offset Accumulation]
[Re-Accumulation]
Frame Formula:
Day of Week + Session + Time + PD Array + Engine Model
E.g:
Tuesday Low of Week Profile Identified
Wednesday [Expansion]
London Open [Retracement]
Tuesday Range Discount Breaker + FVG [Reversal Point]
Re-Accumulation Engine Model met when Time + Price points