Liquidity - How to easily spot it!Here's how you can easily use liquidity to create wealth 🤑
Knowing how to identify liquidity is an important aspect of trading that shouldn't be overlooked, BUT contrary to popular belief, it's not the greatest thing since sliced bread...
It does have its significance and it's place, but understanding WHY "liquidity" is formed is more important than the WHERE ...
Once you know why, you can slay hard every single day!
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Anyway, that's all for now,
Hope this post helps and as usual...
Happy Hunting Predators
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Liquiditytrap
ORDER BLOCK - analysis on EURUSDLiquidity was grabbed on May 9th, forming an order block and a sub-sequent impulsive bullish move. that boke previous structures. The price is expected to go up again once it hits the order block.
Also, if you look at volume profiles, we have coincidence with a low volume node, that eventully would not support the price drop.
I would not take this trade though as there is liquidity just below the OB and another stop haunt is expected.