From a market positioning perspective: $BR breaks through the 0.5 level
Large numbers of stop-loss orders tend to cluster above and below key levels, and big players love to make their move in these areas: either they use the breakout and surge in volume to push prices higher, or they sell into the buying pressure from those chasing the rally. To tell the two apart, look at which direction large orders are leaning near the price level.
#BR
Large numbers of stop-loss orders tend to cluster above and below key levels, and big players love to make their move in these areas: either they use the breakout and surge in volume to push prices higher, or they sell into the buying pressure from those chasing the rally. To tell the two apart, look at which direction large orders are leaning near the price level.
#BR