Summary: 2022 Ict Youtube Mentorship

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  • 6 2022 ICT Mentorship Episode 6

    This is a preview. There are 6 more flashcards available for chapter 6
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  • 6.1 What Does a Bearish ICT Fair Value Gap Look like

    This is a preview. There are 27 more flashcards available for chapter 6.1
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  • What is the basis of the Institutional Order Flow pattern?

    • Based on a Three Candle formation.
    • Forms a part of Bearish ICT Fair Value Gap.
  • Where is the Bearish ICT Fair Value Gap typically found?

    • Just above a single Price High.
    • Above Multiple Price Highs.
    • Relative basis indicated as [Double Top].
  • What is the first thing that algorithms operate under?

    Time is the primary factor for algorithm operation.
  • What is a bearish ICT fair value gap?

    A bearish ICT fair value gap consists of:
    1. A three candle formation
    2. First candle: high
    3. Second candle: extended low
    4. Third candle: continuation
    5. Small gap created when price is offered only on the sell side
  • What is the role of the first candle in this formation?

    The first candle represents:
    1. The highest price
    2. Establishes the initial resistance
  • What does the second candle exhibit in this setup?

    The second candle shows:
    1. An extended low
    2. A drop below the first candle
  • What does the third candle signify in the pattern?

    The third candle indicates:
    1. Continuation of market movement
    2. Follows the second candle low
  • What does the gap between the candles represent?

    The gap shows:
    1. Price only offered on the sell side
    2. Inefficiency in market delivery
  • How can the bearish ICT fair value gap be visualized?

    It can be visualized as:
    1. A diagram showing the candle structure
    2. Highlighting the gaps between candles
  • What is a key aspect of price behavior in this gap?

    Price behavior includes:
    1. Being offered on the sell side
    2. Staying within the defined candle range
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