$ZEREBRO breaks through the 0.04 level.
Folks, why do round-number levels matter? Here’s the short version.
The more often a price level is tested, the more significant it tends to become in traders’ eyes. But some believe repeated tests can also weaken the support there.
It’s common for prices to break through a level and then fall back, so many people wait for the candle to close for confirmation instead of jumping in the moment it breaks through.
Leave plenty of room when using leverage—don’t let a single wick knock you out of your position.
#ZEREBRO
It’s your money. You’re in control.
Folks, why do round-number levels matter? Here’s the short version.
The more often a price level is tested, the more significant it tends to become in traders’ eyes. But some believe repeated tests can also weaken the support there.
It’s common for prices to break through a level and then fall back, so many people wait for the candle to close for confirmation instead of jumping in the moment it breaks through.
Leave plenty of room when using leverage—don’t let a single wick knock you out of your position.
#ZEREBRO
It’s your money. You’re in control.