Fund flow tracking: $RSR loses the 0.0019 level
There are often plenty of orders resting around levels like this, and big players love to make a move here: they may push the price below the level to trigger long stop-losses, then pull it back up—or it may be a genuine breakdown followed by a further move down. To tell the difference, watch which direction trading around the level is skewed toward.
There are often plenty of orders resting around levels like this, and big players love to make a move here: they may push the price below the level to trigger long stop-losses, then pull it back up—or it may be a genuine breakdown followed by a further move down. To tell the difference, watch which direction trading around the level is skewed toward.