#ICT IRL to ERL + MMXM Model
External Range liquidity can be Low Resistance and High Resistance Liquidity in nature.

IRL to ERL + MMXM Sequence
High Resistance Liquidity Run Condition
Bias: Bullish
1. H1/M15 Buyside Liquidity Taken
2. Breaker Entry for shorts
3. Sellside Taken into FVG
4. Smart Money Reversal
5. Breaker + FVG or Inversion Entry
6. Bearish Breaker not supposed to hold on the way up.
7. Take Partials of full TP

- When bullish, the market will often take both Buyside and Sellside liquidity before continuing higher.
It takes out early buyers and triggers sellers before moving higher, allowing only the smart money to participate.
- In HRLR Conditions, price might take longer to take Buyside Liquidity.

The dotted section to the left in the above chart is another scenario where we can have an untapped HTF PDA above the High Resistance ERL.