• -  internal = inside current range

• -  external = outside current range

The general rule of thumb that you want to start engraining in the back of your head now, is that you never fullytarget external liquidity.

The technicalities and strategy will come soon enough, but with every next chart/setup showcased have it in the back of your head that external liquidity isn't the main target.

Ideal scenario would be for you to get into buyside momentum within the discount and start running price till the premium. Where you take partial profits, and then run the rest/remainder of your position to the first External Liquidity Array -> ELA.