liquidity · the run

Liquidity Runs

Two swings at the same price are not a wall, they are a pool of resting orders. Price reaches for the pool, takes it, and turns — which looks identical to a failed breakout until you know what it was for.

EQUAL RUN REJECT MEANING
Equal lows taken, then reversal up

Why equal swings matter — Two stops at the same price put every protective order and every breakout order in one narrow band. That concentration is the reason price is drawn there at all.

Run or breakout — A run cannot hold outside the level it took. If price is back inside within a few candles, the level was the destination — not the start of a move.

What to do with it — Stop treating the second touch as support or resistance, and start treating it as a target. The trade is usually the reaction after the run, not the break.