hi , im hamid and today im going to discuss an interesting theory with u .
between highs and lows of a major move up or down , u can draw a fibo with 0,0.5 and 1 values . so the top part is premium and the bottom part is discount .
then it all comes to this ; price doesn't want to stay in one of these sides for too long , soooo it slides briefly into the other .
then we come to this other understanding that in a non-volatile market , to go beyond premium , first price hunts the liquidity above premium top border , then hunts the liquidity in discount (sometimes even the liquidity bellow it !) and at last goes higher .
all this works in bearish move too but in different order .
as for now price did the first two liquidity hunting sessions , and now ...
well lets see !!
between highs and lows of a major move up or down , u can draw a fibo with 0,0.5 and 1 values . so the top part is premium and the bottom part is discount .
then it all comes to this ; price doesn't want to stay in one of these sides for too long , soooo it slides briefly into the other .
then we come to this other understanding that in a non-volatile market , to go beyond premium , first price hunts the liquidity above premium top border , then hunts the liquidity in discount (sometimes even the liquidity bellow it !) and at last goes higher .
all this works in bearish move too but in different order .
as for now price did the first two liquidity hunting sessions , and now ...
well lets see !!
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