Support Board
Date/Time: Sat, 23 Nov 2024 02:45:53 +0000
Post From: Fair Value Gap indicator
| [2023-06-22 17:41:28] |
| divinasion - Posts: 6 |
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Second and hopefully final update, I've spent hours watching ict videos and studying charts, and I now belive wicks are not even inefficiencies in price; they are simply price being offered twice - up and down, or down and up. A third pass before or after the wick is printed turns them into a BPR (balanced price range). This is why they are revisited, when price has only been delivered two ways, but three is needed to make a range. When wicks are traded completely through, it is to take stop losses. That's why you often see wicks' highs or lows get taken out. The end. (Actually I could talk about this topic at length because there are multiple nuances like the 50% point of a range or wick but I want to put it to bed now I've corrected my mistake and I'm not misinforming anyone. 😉) Date Time Of Last Edit: 2023-06-22 17:55:03
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