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Weekly_Templates

The document provides a comprehensive guide to common weekly price action patterns in trading, detailing various templates for bullish and bearish scenarios. It emphasizes the importance of higher-timeframe analysis, risk management, and awareness of liquidity pools, while outlining specific patterns that can occur throughout the week. Each template includes key tips and concepts to help traders identify potential market movements and strategies.

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n0lyhejudal3
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4 views5 pages

Weekly_Templates

The document provides a comprehensive guide to common weekly price action patterns in trading, detailing various templates for bullish and bearish scenarios. It emphasizes the importance of higher-timeframe analysis, risk management, and awareness of liquidity pools, while outlining specific patterns that can occur throughout the week. Each template includes key tips and concepts to help traders identify potential market movements and strategies.

Uploaded by

n0lyhejudal3
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ICT Weekly Templates (Revised)

A Comprehensive Guide to Common Weekly Price Action Patterns

Disclaimer: The following templates are for educational purposes only and do not guarantee market
predictions or profitability. Always combine them with risk management, higher-timeframe analysis,
and your own due diligence.

1. Classic Weekly Template (Bullish)


Concept:
• Used when the higher-timeframe bias is bullish.
• Often, Tuesday forms the Low of the Week, followed by a rally.
How It Unfolds:
• Monday: Sets an initial range or false move.
• Tuesday: Often prints the weekly low near a HTF support (PD Array), then reverses bullish.
• Wed–Thu: Bullish expansion continues (midweek can have minor stop hunts but stays bullish).
• Friday: Profit-taking or final push upward.
Key Tips:
• Watch for Tuesday lows in a bullish environment.
• Confirm with higher-timeframe structure (daily/4H uptrend).

2. Classic Weekly Template (Bearish)


Concept:
• The inverse of the bullish template.
• Tuesday often forms the High of the Week, after which price trends lower.
How It Unfolds:
• Monday: Sets an initial range or false move.
• Tuesday: Often prints the weekly high near a HTF resistance (PD Array), then reverses bearish.
• Wed–Thu: Continues selling; midweek bounce typically fails if bias is bearish.
• Friday: Profit-taking or final push lower.
Key Tips:
• Watch for Tuesday highs in a bearish environment.
• Align with the higher-timeframe downtrend.

3. Monday High or Low of the Week


Concept:
• In some weeks, Monday itself sets the weekly extreme (either a high or a low).
How It Unfolds:
• Sunday/Monday: A strong move (weekend gap or major Monday news) sets a high (or low).

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• Tue–Fri: Price moves away from Monday’s extreme, failing to break it again.
Key Tips:
• Watch out for big weekend gaps or early-week news.
• Be open to a less common pattern if you see a large Monday move.

4. Trend All Week


Concept:
• Price picks a direction early and continues with minimal pullbacks.
How It Unfolds:
• Mon–Tue: A clear breakout or strong momentum drive starts.
• Wed–Fri: Only minor pauses; no major midweek reversal.
Key Tips:
• Classic Tuesday high/low reversals may not occur.
• Best to ride the momentum with trailing stops.

5. News-Driven Weeks
Concept:
• Major news (CPI, rate decisions, NFP) can overshadow typical weekly patterns.
How It Unfolds:
• Mon–Wed: Market may chop or consolidate before big releases.
• During News: Violent spikes, whipsaw price action.
• Post-News: Either a new trend forms or price remains volatile.
Key Tips:
• Check the economic calendar.
• Expect wider spreads and slippage.

6. Thursday Consolidation Reversal (Bullish)


Concept (Revised):
• Price consolidates above a HTF PD Array from Mon to Thu, effectively going nowhere.
• A Thursday news event drives price down into the PD Array, then it reverses sharply bullish (Turtle
Soup).
How It Unfolds:
• Mon–Wed: Sideways or mild bullish drift; stops build under short-term lows.
• Thu: News triggers a drop that taps HTF support, then quickly reverses upward.
• Fri: Continues the new bullish push or consolidates gains.
Key Tips:
• Identify a HTF support zone or order block beneath the consolidation.
• Wait for a rapid false break (stop raid) and strong rejection.

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7. Thursday Consolidation Reversal (Bearish)
Concept (Revised):
• Price consolidates below a HTF PD Array from Mon to Thu.
• Thursday news event drives price up into the PD Array, then it reverses sharply bearish.
How It Unfolds:
• Mon–Wed: Sideways or mild bearish drift; stops build above short-term highs.
• Thu: News triggers a rally into HTF resistance, then price rejects and drops.
• Fri: Extends the bearish move or consolidates.
Key Tips:
• Spot a HTF supply zone or order block above the consolidation.
• Look for a sudden stop raid higher, followed by a swift rejection.

8. Bullish Consolidation + Midweek Rally


Concept:
• Market stays quiet or slightly bullish early, then surges midweek (Tue or Wed).
How It Unfolds:
• Mon: Minor bull move or range.
• Tue: Often sets a final low, grabbing liquidity.
• Wed: Strong rally breaks out.
• Thu–Fri: Continues higher or consolidates.
Key Tips:
• Align with HTF bullish structure.
• Midweek breakout or retest is often the best entry.

9. Bearish Consolidation + Midweek Drop


Concept:
• Market is calm or slightly bullish early, then sells off midweek (Tue or Wed).
How It Unfolds:
• Mon: Minor upward drift or range.
• Tue: Often sets a final high, grabbing liquidity.
• Wed: Strong drop initiates.
• Thu–Fri: Continues lower or consolidates.
Key Tips:
• Align with HTF bearish structure.
• Look for a Tue/ Wed false break above short-term highs.

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10. Wednesday Weekly Reversal (Bullish)
Concept:
• Mon–Tue either consolidates or trends slightly lower.
• Wednesday: Price taps a HTF PD Array below and quickly reverses up.
How It Unfolds:
• Mon–Tue: Slow grind down or sideways, building stops under lows.
• Wed: A dip grabs liquidity beneath those lows, then rejects strongly.
• Thu–Fri: Continues upward, confirming the midweek reversal.
Key Tips:
• A classic midweek reversal day in ICT concepts.
• Ensure HTF bias is bullish before committing.

11. Wednesday Weekly Reversal (Bearish)


Concept:
• Mon–Tue either consolidates or trends slightly higher.
• Wednesday: Price rallies into a HTF PD Array above, then quickly reverses down.
How It Unfolds:
• Mon–Tue: Slow grind up or sideways, building stops above highs.
• Wed: A spike grabs liquidity above those highs, then rejects sharply.
• Thu–Fri: Continues lower, confirming the midweek top.
Key Tips:
• Another classic midweek turn if the HTF bias is bearish.
• Wait for a definitive market structure shift to confirm.

12. Seek & Destroy Friday


Concept:
• Often associated with a big news event on Friday (e.g., NFP).
• Market whipsaws, targeting stops in both directions.
How It Unfolds:
• Pre-News (Fri AM): Price drifts or ranges before data.
• News Release: Violent spikes up/down, stop hunts everywhere.
• Post-News: Price may settle into a trend or remain choppy into the weekend.
Key Tips:
• Spreads widen; slippage is common.
• Some traders wait 5–15 minutes post-release to see clearer direction.

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General Guidance for All Templates
• Higher-Timeframe Bias: Always confirm the bigger picture (daily/4H).
• Liquidity Pool Awareness: These templates revolve around hunting stops above/below key
highs/lows.
• Time-of-Week Significance:
– Mon–Tue: Often sets up initial extremes or fakes.
– Wed: Common midweek reversal.
– Thu: Can confirm Wed’s move or produce a surprise reversal.
– Fri: Profit-taking or final stop-run.
• News Catalysts: Major releases (CPI, NFP, rate decisions) often trigger the actual moves.
• Risk Management: Patterns can fail. Use logical stop placement beyond liquidity zones and size
positions appropriately.
• Practice and Journal: Study past charts to identify which template played out. Logging trades
refines your edge.

End of Document. Happy Trading!

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