Liquidity is the fuel that drives large moves in the market. Buy-side liquidity rests above swing highs and equal highs clusters of stop losses from short sellers and buy stop orders from breakout traders. Sell-side liquidity pools below swing lows and equal lows.
Institutions need to fill large orders they engineer moves into liquidity pools to find the opposing orders they need. The EFX Liquidity Levels indicator makes these pools visible so you can anticipate where price is likely to reach before reversing.