$BAT breaks through the 0.2 level.
Let’s use this data to break down round-number levels.
The more rounded the number, the more people tend to watch it: major levels like whole tens of thousands or hundreds of thousands attract more attention than ordinary round numbers.
When a price returns to a level after a long time, people who bought around that price before may sell to break even or add to their positions, so trading activity often becomes concentrated.
Indicators can fail, but stop-losses shouldn’t be skipped: thinking ahead about what to do if you’re wrong matters more than whether your prediction is right.
#BAT
I could be wrong too, so don’t just follow what I say.
Let’s use this data to break down round-number levels.
The more rounded the number, the more people tend to watch it: major levels like whole tens of thousands or hundreds of thousands attract more attention than ordinary round numbers.
When a price returns to a level after a long time, people who bought around that price before may sell to break even or add to their positions, so trading activity often becomes concentrated.
Indicators can fail, but stop-losses shouldn’t be skipped: thinking ahead about what to do if you’re wrong matters more than whether your prediction is right.
#BAT
I could be wrong too, so don’t just follow what I say.