$RLC｜Falls Below the 1.05 Level
Before discussing capital flows, let's first understand key psychological levels.
One rule of thumb: a resistance level that is decisively broken often becomes support, while a support level that is decisively broken often becomes resistance.
The first pullback after a breakout is often seen as a test: if the price can hold above the level, the case for resistance turning into support becomes stronger.
Leave enough room in your contract positions; don't let one sudden move stop you out.
#RLC
Be aware of the risks and make your own decisions.
Before discussing capital flows, let's first understand key psychological levels.
One rule of thumb: a resistance level that is decisively broken often becomes support, while a support level that is decisively broken often becomes resistance.
The first pullback after a breakout is often seen as a test: if the price can hold above the level, the case for resistance turning into support becomes stronger.
Leave enough room in your contract positions; don't let one sudden move stop you out.
#RLC
Be aware of the risks and make your own decisions.