The moves of large orders are often revealed in trading activity: $ICNT lost the 0.16 level
There are often clusters of stop-loss orders around levels like this, and big players love to make their move here: they may break below the level to trigger stop-losses, then pull the price back up—or they may genuinely push it lower. To tell the difference, watch which way the large orders near the level are leaning.
There are often clusters of stop-loss orders around levels like this, and big players love to make their move here: they may break below the level to trigger stop-losses, then pull the price back up—or they may genuinely push it lower. To tell the difference, watch which way the large orders near the level are leaning.