ICT New Week Opening Gap (NWOG) Explained

What is New Week Opening Gap in ICT?

The gap between the prior week's close and the new week's open, commonly watched in markets with a weekend closure.

Definition of New Week Opening Gap

The interval between the last traded price of the prior week and the first price of the new week.

How to identify New Week Opening Gap

Mark Friday close and Sunday/Monday reopen according to the instrument's trading schedule.

Bullish New Week Opening Gap example

a gap up creates an NWOG below price that may act as support.

Bearish New Week Opening Gap example

a gap down creates an NWOG above price that may act as resistance.

New Week Opening Gap chart examples

Practical trading example

A futures market reopens above Friday's close; the NWOG is monitored as a possible retracement area.

Common mistakes and important notes

Not all instruments have a meaningful weekend gap. Verify contract roll and session settings.

Related ICT concepts

Part of Imbalances and Price Gaps. New to ICT? Start with the beginner guide.