Master ICT Weekly Profiles❔ What Are ICT Weekly Profiles?
ICT Weekly Profiles are conceptual frameworks designed to illustrate common patterns of price behavior observed during a trading week. These profiles help traders analyze and anticipate potential market movements based on historical tendencies and recurring patterns.
Each ICT Weekly Profile has distinct characteristics, providing insights into how price action might unfold within a given week. However, it is essential to emphasize that these profiles are not definitive predictions but tools for understanding market tendencies and guiding decision-making.
Detailed explanations of each ICT Weekly Profile, accompanied by examples, are provided below.
🌟 Classic Tuesday Low of the Week Bullish
In a bullish scenario, the market often exhibits a manipulative move on Monday, hovering above a higher time frame discount array.
By Tuesday, the price typically retraces into this higher time frame discount array, establishing the low of the week before resuming its upward trajectory.
To anticipate this behavior, it is crucial to identify the higher time frame discount array.
If the market does not drop into the discount array on Monday, it is highly likely that Tuesday will see a drive lower, forming the weekly low during the London or New York session.
👉 Classic Tuesday High of the Week Bearish
In a bearish scenario, the market may exhibit a manipulative move on Monday, hovering below a higher time frame premium array.
On Tuesday, the price typically rises into this higher time frame premium array, establishing the high of the week before resuming its downward trend.
To effectively anticipate this behavior, it is essential to identify the higher time frame premium array.
If the market does not rise into the premium array on Monday, it is highly probable that Tuesday will witness a drive higher, forming the weekly high during the London or New York session.
ℹ️ Wednesday Low of the Week Bullish
In a bullish market, price action often exhibits manipulative behavior on Monday and Tuesday, hovering above a higher time frame discount array.
On Wednesday, the price typically drops into the higher time frame discount array, establishing the low of the week before resuming its upward movement.
Key Insight:
To anticipate this phenomenon, it is crucial to identify the higher time frame discount array.
If the market does not drop into the discount array on Monday or Tuesday, it is highly likely that Wednesday will see a drive lower, forming the weekly low during the London or New York session.
🔗 Wednesday High of the Week Bearish
In a bearish market, price action often displays manipulative moves on Monday and Tuesday, hovering below a higher time frame premium array.
On Wednesday, the price typically rises into the higher time frame premium array, marking the high of the week before continuing its downward trajectory.
Key Insight:
To anticipate this phenomenon, understanding the higher time frame premium array is essential.
If the market does not rise into the premium array on Monday or Tuesday, it is highly probable that Wednesday will see a drive higher, forming the weekly high during the London or New York session.
🟢 Consolidation Thursday Bullish Reversal
In a bullish market, price may consolidate from Monday through Wednesday before running the intra-week low and rejecting it, forming a reversal.
How to Anticipate:
Identify the higher time frame discount array.
If price fails to drop into the discount array earlier in the week, Thursday may see a drive lower due to market-moving news or an interest rate release, typically around 2:00 PM (New York local time).
ⓘ Consolidation Thursday Bearish Reversal
In a bearish market, price may consolidate from Monday through Wednesday before running the intra-week high and rejecting it, forming a reversal.
How to Anticipate:
Recognize the higher time frame premium array.
If price fails to rise into the premium array earlier in the week, Thursday may see a drive higher triggered by market news or an interest rate release around 2:00 PM (New York local time).
📈 Consolidation Midweek Rally Bullish
When price is bullish and consolidates from Monday through Wednesday, it may run into the intra-week high and expand higher into Friday.
How to Anticipate:
Look for a scenario where price has yet to reach the higher time frame premium array but has recently rallied from a discount array and paused without any bearish reversal signals.
This suggests the price is preparing to expand higher towards the premium array.
🔴 Consolidation Midweek Decline Bearish
When price is bearish and consolidates from Monday through Wednesday, it may run into the intra-week low and expand lower into Friday.
How to Anticipate:
Identify if price has yet to reach the higher time frame discount array but has recently declined from a premium array and paused without any bullish reversal signals.
This indicates the price is likely to expand lower towards the discount array.
⛔ Seek and Destroy Bullish Friday
This is a neutral to low-probability profile. From Monday to Thursday, price consolidates while running shallow stops above and below the intra-week high. On Friday, it runs the intra-week high and expands higher.
How to Anticipate:
Such conditions often arise during periods of interest rate announcements or Non-Farm Payroll reports, especially in the summer months (July and August).
It is advisable to avoid trading under these conditions due to increased unpredictability.
⚡ Seek and Destroy Bearish Friday
This is a neutral to low-probability profile. From Monday to Thursday, price consolidates while running shallow stops above and below the intra-week high. On Friday, it runs the intra-week low and expands lower.
How to Anticipate:
This profile is common during major news events, such as interest rate announcements or Non-Farm Payroll releases in the summer months (July and August).
Trading in these conditions is best avoided.
🧠 Wednesday Weekly Bullish Reversal
In a bullish market, price consolidates from Monday through Tuesday, drives lower into a higher time frame discount array on Wednesday, inducing sell stops, and then reverses strongly.
Key Characteristics:
This pattern often occurs when the market is trading at long-term or intermediate-term lows.
Institutional buying is paired with sell-side liquidity, typically targeting sell stops.
💪 Wednesday Weekly Bearish Reversal
In a bearish market, price consolidates from Monday through Tuesday, drives higher into a higher time frame premium array on Wednesday, inducing buy stops, and then reverses strongly.
Key Characteristics:
This pattern commonly appears when the market is trading at long-term or intermediate-term highs.
Institutional selling aligns with buy-side liquidity, typically targeting buy stops.
🎉 Conclusion
ICT Weekly Profiles are structured frameworks designed to identify recurring patterns in price movements over the course of a trading week.
These profiles encompass various scenarios, including bullish and bearish trends, midweek reversals, and periods of consolidation.
By studying these patterns, traders can anticipate potential weekly highs and lows by analyzing price behavior on specific days, such as Monday through Wednesday.