In a bullish expansion, it is the empty space between the high of Candle 1 and the low of Candle 3.

A is the initial breach that confirms a directional bias. After BOS or MSS, price often returns to an FVG before continuing the trend or reversing.

An Order Block is a specific candle (usually the last down-close candle before a strong move up, or last up-close before a strong move down) where institutional players have placed large orders. When price returns to this block, it often reacts sharply. 5. Killzones (Time of Day)

Our Inner Circle Trader (ICT) Forex notes PDF is designed for:

Price action means nothing without the context of time. ICT emphasizes that the IPDA algorithm operates heavily on specific operational hours. The ICT Killzones (EST Time Zone)

: A highly aggressive, impulsive price movement shown by large, consecutive candles of the same color. This indicates strong institutional presence.

✅ Market Structure Breakdowns (MSB) ✅ Order Blocks vs. Fair Value Gaps ✅ The 3 Key Kill Zones ✅ Liquidity Concepts Explained

In ICT, refers to liquidity pools—price zones where many stop-losses and pending orders are clustered. Big institutions often push price toward these zones to trigger those orders and "collect" liquidity before reversing or continuing the trend.

A occurs when price moves so aggressively that it leaves an imbalance between three consecutive candles—an area where opposing orders could not participate.

IPDA views this gap as an incomplete transaction area. Price will frequently retrace into the FVG to offer balanced efficiency before continuing its primary direction. Liquidity Pools: BSL and SSL