Free Alpha
Behind your support/resistance levels are just a bunch of limit orders.
There are no such thing as "good/bad" levels that you draw on your charts.
The only thing that matters is how much money (liquidity) is actually available at that level.
The more orders on the level = the more violent of a reaction you can expect once price touches it and starts moving away from it.
The fewer orders on the level = the more boring of a reaction you can expect to see.
Orderflow > fancy pants price action concepts
