📌 Latest data: $US ｜Fell below the 0.029 level
· What it means: The more often a price level is tested, the more significant it tends to become in people's eyes. However, some believe repeated tests can also weaken the support there.
· How to read it: Volatility often increases around key levels. Leveraged positions should allow more room here, as stop-losses placed too close to round numbers can easily get swept.
Understanding indicators isn’t difficult; the hard part is still following the rules when emotions are at their most extreme.
Personal observation, not trading advice.
· What it means: The more often a price level is tested, the more significant it tends to become in people's eyes. However, some believe repeated tests can also weaken the support there.
· How to read it: Volatility often increases around key levels. Leveraged positions should allow more room here, as stop-losses placed too close to round numbers can easily get swept.
Understanding indicators isn’t difficult; the hard part is still following the rules when emotions are at their most extreme.
Personal observation, not trading advice.