>Internal range liquidity (IRL) is defined by fair value gaps.
>External range liquidity (ERL) is defined by HIGHS OR LOWS.
When ERL is takenβ»οΈ IRL becomes the next draw
When IRL is taken β»οΈERL becomes the next draw
>External range liquidity (ERL) is defined by HIGHS OR LOWS.
When ERL is takenβ»οΈ IRL becomes the next draw
When IRL is taken β»οΈERL becomes the next draw
PRICE ONLY TWO THINGS:
>Draws to old highs and lows (Where significant liquidity and orders are placed)
>Rebalance an imbalance (where you have potential trading opportunities based on order flow dynamics)
There is nothing else the price does.
>Draws to old highs and lows (Where significant liquidity and orders are placed)
>Rebalance an imbalance (where you have potential trading opportunities based on order flow dynamics)
There is nothing else the price does.
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