๐ฆ๐ถ๐บ๐ฝ๐น๐ฒ ๐ด๐๐ถ๐ฑ๐ฒ ๐๐ผ ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐น ๐ฎ๐ป๐ฑ ๐๐ ๐๐ฒ๐ฟ๐ป๐ฎ๐น ๐ฅ๐ฎ๐ป๐ด๐ฒ ๐๐ถ๐พ๐๐ถ๐ฑ๐ถ๐๐ โป๏ธ A Thread ๐งต

Price only does two things , draws towards ERL & rebalances into IRL
Let's see what i mean by that..
External Range Liquidity (ERL), is basically the liquidity that resides above & below old swing highs / lows
The market tends to move towards these points to take out the stop orders of traders that exist on these swings.
I'll skip a certain pair if I'm unable frame a narrative using this context on it
And thanks alot to @theMMXMtrader for teaching us this gem , will be forever grateful to him
I'd appreciate it a lot




