Interbank Price Delivery: Why the Market Moves in Waves Retail sees price move randomly. Smart traders in 2025 understand interbank price delivery — the institutional logic that explains why price moves in pulses and imbalances. Here’s what you’ll notice: Strong move up → stall → small retrace → continuation. OR: Sudden drop → reversal wick → BOS → grind higher. This isn’t random. It’s order flow management. Banks can’t fill massive orders in one candle — they deliver price in layers: Impulse leg: imbalance creation (price moves without filling all orders). Retrace: price returns to OB/FVG to pick up missed orders. Continuation: full execution and trend resumption. Each phase gives opportunity — but only if you respect structure + liquidity. Don’t counter the impulse. Wait for retrace + confirmation (CHoCH, FVG, EQ). You’re not trading candles — you’re trading institutional execution mechanics. Master delivery, and you’ll understand why price moves — not just where.