ICT Previous Day Low (PDL) Explained

What is Previous Day Low in ICT?

The lowest traded price of the previous trading day and a common sell-side liquidity reference.

Definition of Previous Day Low

The prior day's low using the chart's defined trading-day boundary.

How to identify Previous Day Low

Plot the prior day's low on the same data feed and session template used for analysis.

Bullish Previous Day Low example

price sweeps PDL and reclaims it.

Bearish Previous Day Low example

price breaks and holds below PDL.

Previous Day Low chart examples

Practical trading example

If price runs below PDL then breaks an intraday swing high, a bullish reversal model may be considered.

Common mistakes and important notes

The daily boundary varies across markets and platforms; document your session settings.

Related ICT concepts

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