Comprehensive Guide on ICT New Week Opening Gap (NWOG)

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  • forex education

  • Comprehensive Guide on ICT New Week Opening Gap

  • Age 3+

  • level: Professional

  • English

Author's Instructions

The New Week Opening Gap (NWOG) refers to the price gap between the market's closing price on Friday and its reopening on Monday.

NWOG gaps can be either bullish (when the market opens higher than the previous week's close) or bearish (when the market opens lower than the previous week's close).

This analytical method is used to analyze liquidity flow and implement ICT trading strategies.