The liquidity hunt highlights cases where trading activity has taken place in more liquid areas. These are highlighted in yellow by our algorithm. A liquidity hunt can be identified as a bull hunt if the activity took place in a demand area, or a bear hunt if the activity took place in a supply area.
Bull liquidity hunts indicate a potential bull turn.
Bear liquidity hunts indicate a potential bear turn.
The simultaneous occurrence of bull and bear liquidity hunts may highlight market indecision.