$BLUAI breached the 0.008 level.
Let's use this figure to break down the key price levels.
There are often many stop-loss orders clustered around key levels. If the price breaks through one, those stops may be triggered all at once, often causing volatility to spike suddenly.
When the price repeatedly crosses above and below a key level, both long and short positions may get stopped out repeatedly. Until the direction becomes clear, keeping positions small is often the safer choice.
Leave plenty of room in your futures positions—don't let a single wick force you out.
#BLUAI
Let's use this figure to break down the key price levels.
There are often many stop-loss orders clustered around key levels. If the price breaks through one, those stops may be triggered all at once, often causing volatility to spike suddenly.
When the price repeatedly crosses above and below a key level, both long and short positions may get stopped out repeatedly. Until the direction becomes clear, keeping positions small is often the safer choice.
Leave plenty of room in your futures positions—don't let a single wick force you out.
#BLUAI