Liquidity is not a zone on a chart. It is the behavior of participants placing and defending orders.

Key idea:

• Liquidity forms where participants are forced to act (stops, entries, exits)

Price moves toward areas where liquidity exists, because execution requires counterparties.

This reframes:

• “support/resistance” → liquidity clusters

• “breakouts” → liquidity grabs

• “reversals” → imbalance exhaustion