Pages

Friday, May 24, 2024

ICT Weekly Seek & Destroy Manipulation Profile | Michael J. Huddleston

 The Weekly 'Seek & Destroy' Range Manipulation Profile a.k.a. the 'Retail Traders Graveyard'.

The Weekly 'Seek & Destroy' Marker Maker Range Manipulation Template with either a bullish or a bearish Friday is a neutral or low probability market profile. The manipulation is taking place where price is consolidating Monday through Thursday, running shallow stops under and above the intra-week highs and lows, then runs the intra-week high/low and expands higher/lower into Friday. 
 
 
How to anticipate it? When the market is awaiting major news announcements in the second half of the week - especially after one or more directional wide-range weeks (see also the daily 'London Swing to Seek & Destroy' Template).