$BTW A new 4-hour candle has just opened. If you open a long position near the candle's low and place your stop-loss just below that level, watch how far the price could go without hitting your stop-loss.

That's the pattern I've been observing repeatedly. The price keeps moving up, and even when it comes back down, it doesn't necessarily hit the stop-loss placed below the candle's low.

Pay close attention to the 4-hour candles and observe the pattern for yourself.