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Draw on liquidity is the idea that price tends to move toward a significant pool of orders. On higher timeframes, the previous week's high and low are often the biggest nearby targets. When price is trending up and approaches last week's high, there are often buy stops above it from breakout traders and short stops from those who sold the earlier test. That makes the level a likely destination. I use this to set expectations for the week. If price starts the week below last week's high and bias is bullish, I assume the high is a probable target and plan trades that move toward it, rather than against it. If price has already swept last week's high and returned, I assume the move may be complete and look for the opposite side, such as last week's low or a significant midpoint. This does not require prediction, only a hierarchy of targets. It keeps me from trading small reversals against a larger obvious destination, and helps me decide how far to target on trades that are aligned with the larger flow.

Using the previous week's high as the draw makes weekly planning simpler. The catch is that price does not always reach it, and a plan based on that target can keep you holding longs into a midweek reversal. I give the target a deadline: if price has not moved meaningfully toward the high by Wednesday's close, I drop the weekly bias and go back to daily levels only.