$BTC
'Twas just a stop run of those clean lows.pic.twitter.com/gSfYLUVGlf
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$BTC
'Twas just a stop run of those clean lows.pic.twitter.com/gSfYLUVGlf
hmmm... all the stops where set pennies below the clean low? I guess I would presume most stops were from candle base through wick length... ie... where there was enough liquidity to move the needle. What about the rest of that move?... simply zero liquidity...
This was a sarcastic post... Stop runs aren't this violent. Still, regarding your question, had this spiked down from let's say around 6350-6400, I would label it a stop run since a lot of people move stops to BE once price moves in their favor.
Just trying to analyze, and make sense... I'm always trying to learn anything I can from those who I feel have something of value to offer... you're one of them.
It also depends on whether the stops in question are resting above/below an area or a single candle. If it's a single candle, I'll generally look for more than a few cents, but if it's a clean area, even a little below generally suffices.
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