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Liquidity DOES NOT have an expiration date — Transcript

by Inter Equity Trading · 191 words · 27 segments · language en · Watch on YouTube
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  1. 0:00Why did I select these highs? Guys, look
  2. 0:01at this. It's so simple. What Watch
  3. 0:03this. Look at this price action right
  4. 0:04here. Look at this. You can draw a trend
  5. 0:06line. You can draw it like a zone if you
  6. 0:08want. If you want to grab that candle
  7. 0:09and drag it over. Look, we tapped into
  8. 0:11that that high here once, twice. So,
  9. 0:13think about it from this perspective. If
  10. 0:15people entered short, where are their
  11. 0:16stop losses going? Right above this
  12. 0:17high, right? So, this is just
  13. 0:19theoretical at the end of the day,
  14. 0:20obviously. Who knows how this market
  15. 0:21operates? However, theoretical
  16. 0:23perspective, this high is relevant for
  17. 0:25me now. It's important for me, okay? I'm
  18. 0:27viewing this high to hold liquidity. So,
  19. 0:28when price stops above it, I can look to
  20. 0:30trade in the opposite direction. We just
  21. 0:32didn't trade above it a while, right?
  22. 0:33This was on Thursday in the PM session.
  23. 0:36And look, we are now trading at Tuesday.
  24. 0:38So, it's just taken a couple days to get
  25. 0:40back there. That's all. Just because
  26. 0:41it's taken a couple days, doesn't mean
  27. 0:43it's not relevant anymore.

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