$W lost the 0.017 level.
Everyone, what do support and resistance mean? Here’s a quick explanation👇
Common ways to confirm a break include: the close is on the other side of the level, a retest fails to break back through, and trading volume increases during the breakout.
When prices repeatedly swing back and forth around a key level, both bulls and bears can easily get shaken out. Until the direction becomes clear, keeping positions small is often the more prudent approach.
All data simply summarizes past price movements; prices could still move in the opposite direction.
DYOR, and only invest what you can afford.
Everyone, what do support and resistance mean? Here’s a quick explanation👇
Common ways to confirm a break include: the close is on the other side of the level, a retest fails to break back through, and trading volume increases during the breakout.
When prices repeatedly swing back and forth around a key level, both bulls and bears can easily get shaken out. Until the direction becomes clear, keeping positions small is often the more prudent approach.
All data simply summarizes past price movements; prices could still move in the opposite direction.
DYOR, and only invest what you can afford.