Old highs & lows as magnets
Liquidity & Stop Hunts
Untapped liquidity doesn't expire
A high from three months ago that's never been revisited still has real stops resting above it. Time doesn't erase liquidity. Only a visit does. Old, untouched levels are often the most powerful magnets on the chart.
Zoom out to find the real magnets
The most powerful untapped levels often live on the daily or weekly chart, invisible on a 5-minute view. Before trading a small intraday level, check whether a much bigger old level is looming just beyond it.
Once tapped, a level's pull resets
The first time price sweeps an old high or low, that specific pool is gone. The stops that were there got filled. A level doesn't keep pulling price back again and again just because it mattered once.