ICT homework Study. Weekly Draw

Hello Traders!

Knowing where the weekly candle is going to reach for can give you better insight on how to trade the weekly range.

As you can see price came down to take out a significant HTF Weekly Low.

You may ask why is that low significant, It is significant because that was the lowest point price has been since its had a large bullish run.

There are Sell Stops below that low because those who went long placed a protective stop loss below the low.