Why Equal Highs and Equal Lows Matter
Equal highs and equal lows are important reference points in liquidity-based trading.
They can attract stop orders from traders who place their stops around obvious swing levels.
Watch for:
1. Multiple highs forming around the same price.
2. Multiple lows forming around the same price.
3. Price approaching these levels with momentum.
4. A possible sweep followed by rejection or displacement.
However, not every equal high or low must be taken.
Remember: Liquidity levels are areas of interest, not guaranteed reversal points.
Do you mark equal highs and lows on your charts?