Breakdown of SPX500 Internal / External Liquidity This is me doing a quick overview of SPX500 and what I'm learning and have learned so far from ICT about External and Internal liquidity. Drop down any question you guys have below, I tried to keep it brief and very simple.. But internal and external is just different kinds of liquidity based on what TF you are in because as you know the markets are FRACTAL. So liquidity resides within each and every trend and the market markets its way up and down targetting where these pools of liquidity are with the most $$.
Externalliquidity
INTERNAL AND EXTERNAL RANGE LIQUIDITYwhen the market makes a new impulse and pulls back it is said to be operating in a range. within the range we observe internal liquidity formed within the range and external liquidity resting on the tips/swing points of the impulse. as the tape winds the market prefers to make attempts on internal liquidity followed by external liquidity or vice versa and the interchanging pattern continues throughout
KEY TAKEAWAY: Always observe and record the current market range and internal and external liquidity areas