US100: Liquidity First, Rally Next
US100 continues to trade in a premium range after an impulsive expansion, but I believe the move isn't complete yet.
Before targeting higher-timeframe liquidity, price may first engineer a sweep of the nearby sell-side liquidity resting below. That flush could provide the fuel for the next leg toward the ultimate Draw on Liquidity (DOL).
What I'm Watching
• Local sell-side liquidity remains untouched.
• Expecting a liquidity sweep before continuation.
• First upside objective sits near the recent highs.
• Ultimate DOL remains the higher-timeframe target.
Trade Plan
📍 Watch for a clean sweep of the nearby sell-side liquidity.
📈 If buyers reclaim the range after the sweep, the first target is the local highs.
🚀 A successful breakout could extend toward the higher-timeframe DOL.
Liquidity creates opportunity. Confirmation creates entries.
Not financial advice. Always manage your risk.