Statistics for the last three months of data show that a 10-day heatmap makes it clear that overall, the fluctuations are greatest on Mondays, with the highest fluctuations occurring daily between 19:00 and 24:00.
Thus, dividing time zone trading ICT strategies has always been useful, especially during consolidation periods, where it often targets areas where retail traders accumulate liquidity in the Asian market. If there's more liquidity there, it will target that liquidity and then reverse.
Just like the post I made yesterday, it will push up to eat the liquidity above, then drop down, because during the day yesterday, the Asian market had already consumed the liquidity below. For the European and American markets to consume the liquidity below, greater momentum is needed, but since the liquidity above has not been consumed, it is highly likely to target the liquidity above.
However, the accumulation of liquidity is not about looking at the price range. Buying and selling can keep the price stable within this range, but in reality, there isn’t much liquidity present. Liquidity should be viewed in multiple dimensions; first, it’s crucial to see if open interest (oi) continues to accumulate, and whether the trading volume is shrinking. Low trading volume indicates retail trading, while explosive volume suggests it is not retail trading. Additionally, one must look at fees and momentum.
The market change should happen on the options expiration day tomorrow or next Monday, and it may draw a door.