$BTW fell below the 2.6 level.
Stop-loss orders often cluster around key levels, so first understand why these price points matter.
Even among round-number levels, the larger the number, the more attention it tends to attract. For example, major levels like 10,000 or 100,000 are more eye-catching than ordinary round numbers.
Crossing a key level only shows that one side has the upper hand at that moment. Whether the move can continue depends on where the next key level is and whether funds can keep up.
The purpose of understanding an indicator is to avoid being spooked by a single number—not to use it to pinpoint tops and bottoms.
#BTW
Stop-loss orders often cluster around key levels, so first understand why these price points matter.
Even among round-number levels, the larger the number, the more attention it tends to attract. For example, major levels like 10,000 or 100,000 are more eye-catching than ordinary round numbers.
Crossing a key level only shows that one side has the upper hand at that moment. Whether the move can continue depends on where the next key level is and whether funds can keep up.
The purpose of understanding an indicator is to avoid being spooked by a single number—not to use it to pinpoint tops and bottoms.
#BTW