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Concept 05 · Category A

ICT Equal Lows (EQL) Explained

Equal Lows · EQL

What is Equal Lows in ICT?

Two or more lows near the same price, often treated as a sell-side liquidity reference.

Definition of Equal Lows

A cluster of swing lows separated by a small price difference.

How to identify Equal Lows

Find at least two clear lows at similar prices; mark the area and watch closes and follow-through around it.

Bullish Equal Lows example

price trades below EQL, reclaims it and rallies.

Bearish Equal Lows example

price breaks below EQL and accepts lower, continuing the decline.

Equal Lows chart examples

Bullish ICT Equal Lows chart example
Bullish Equal Lows: Price trades below EQL, reclaims it and rallies.
Bearish ICT Equal Lows chart example
Bearish Equal Lows: Price breaks below EQL and accepts lower, continuing the decline.

Practical trading example

Mark matching lows under a consolidation; after a brief downside raid, look for bullish displacement and a retracement entry model.

Common mistakes and important notes

Not every pair of lows is meaningful. A clean breakdown can be continuation rather than a reversal.

Related ICT concepts

Part of Liquidity Concepts. New to ICT? Start with the beginner guide.

ICT PD Arrays is an independent educational project and is not affiliated with or endorsed by Michael J. Huddleston. This page is not financial advice, and trading carries risk. Read the full disclaimer.