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  1. So if you see a large order on the bid side of the L2 right at the bid that is filling but the price doesn't drop then that is the held bid and a bullish sign, but if a large bid is on the L2 some distance from the bids then it is the bearish sign?
  2. So I understand the basics of a large bid = bearish signal and a large ask = bullish signal. But I was reading "One Good Trade" and it talks about a held bid and how that is a bullish sign. So my question is what is the difference between a big bid that is a bearish indicator and a held bid that is bullish and how do you tell the difference. Both are big bids but seem to give different indicators. Thanks everyone.
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