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Definition an explosive price move in one direction ICT calls this an Impulse Price Leg The algorithm repeats itself over and over

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Consolidation is the accumulation phase price builds energy before the directional move Expansion is the trending phase

https://www.scribd.com › document › ICT-Notes
The document outlines key concepts in trading focusing on the four pillars consolidation expansion retracement and reversal and

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Price starts from a consolidation where Smart Money accumulates their position and then an expansion where price

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Consolidation and expansion are alternating market phases where price either compresses within a defined range consolidation

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The ICT Power of 3 is the trading model Michael Huddleston designed to expose smart money manipulation in

https://www.scribd.com › document
The document discusses the four main patterns that price action tends to follow according to the Inner Circle Trader methodology

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These points are identified through four key criteria expansion retracement consolidation and reversal Expansion

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Each element signifies a different phase of market activity from the dynamic surges of Expansion to the strategic