Resting sell orders below lows: stop-losses of long positions and sell-stop breakdown entries.
How traders use it: Old lows and equal lows are treated as potential targets or sweep areas.
Common mistake: Placing a long stop exactly at an obvious low where everyone else's stop sits.
Related: Buy-side liquidity · Equal highs / equal lows · Stop placement
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.