01 · Notes + lesson model
Candlestick patterns
Candle classifications describe price relative to the previous candle. Liquidity explains the potential target; the studied ICT model supplies entry confirmation.
Rules to keep
- 1 = inside: high and low stay inside the preceding candle’s range.
- 2 = directional: breaks the preceding high or low, but not both.
- 3 = outside: breaks both preceding extremes. A 2–1–2 sequence is directional → inside → directional breakout.
- Use these patterns to identify possible high/low targets. The lesson favours lower-timeframe ICT confirmation for execution.
- Repeated higher highs AND lower lows form broadening chop; reduce expectations or stand aside.
From the study library
L01, approximately 5:15–21:45; handwritten PDF pp. 1–3. The Strat is attributed to Rob Smith. This is supporting material used in an ICT-focused curriculum.
- L01 · Retail Concepts + Liquidity