$AR 24-hour high, current price 4.242, previous high 4.167.
After a new high, there are generally three possible moves:
① Pull back to the previous high and hold, then make a new high: strongest
② Consolidate around the previous high: turnover, waiting for direction
③ Fall straight back below the previous high and fail to reclaim it: bull trap
Currently above the previous high; first, watch to see whether it’s ① or ②.
#AR
Just a market record. Please make your own trading decisions.
After a new high, there are generally three possible moves:
① Pull back to the previous high and hold, then make a new high: strongest
② Consolidate around the previous high: turnover, waiting for direction
③ Fall straight back below the previous high and fail to reclaim it: bull trap
Currently above the previous high; first, watch to see whether it’s ① or ②.
#AR
Just a market record. Please make your own trading decisions.