I know you usually answer questions about this phenomenon with "I don’t know and it’s not important" but just for the sake of speculating: could a reason behind this be that those orders are from larger players who are long, so the reasoning of other participants is that there's a better-than-average chance those longs won't close their positions yet and therefore maintain the current trend until their target is hit?
*takes off tinfoil hat*
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Unknown member
Aug 02, 2022
"Dumb names" for things are memorable 😂 thanks for the post!
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Unknown member
Aug 02, 2022
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Lol! Well I guess we're adding Carrot Sticking to the list of dumb names 😂👍
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Thank you, Horse!
I know you usually answer questions about this phenomenon with "I don’t know and it’s not important" but just for the sake of speculating: could a reason behind this be that those orders are from larger players who are long, so the reasoning of other participants is that there's a better-than-average chance those longs won't close their positions yet and therefore maintain the current trend until their target is hit?
*takes off tinfoil hat*
"Dumb names" for things are memorable 😂 thanks for the post!