Having a good idea, beforehand, where the buy and sell stops are located can give an active trader a better idea regarding at what price level buying or selling pressure will become intensified in that market.
Buy Stops -1238 buying pressure)
1245
1250
Sell Stops- 1220 selling pressure)
1210
1180
Our Active position
Short Gold -0.41% 0.32% 0.29% -0.22% now-(1223)
SL: 1245
TP: 1200
Buy Stops -1238 buying pressure)
1245
1250
Sell Stops- 1220 selling pressure)
1210
1180
Our Active position
Short Gold -0.41% 0.32% 0.29% -0.22% now-(1223)
SL: 1245
TP: 1200
