Sweep / raid
An extreme breaks to reach the stops and price comes back.
In the chapter
What can be counted and what is a story
From the same chapter
- DisplacementA fast move with large bodies. It is volatility expansion.
- Fair Value GapThree candles where the first and third do not overlap. One appears every two or three candles.
- Order blockLast opposite candle before the displacement. Depends on what you call «opposite».
- Liquidity poolEqual extremes where stops pile up. A range phenomenon, nearly absent in trends.