$AGT moved above the 0.037 level.
Everyone, how do key price levels come about? Here’s the quick explanation 👇
Previous highs and lows are common key levels. The memory of being rejected or supported at these prices can often influence decisions when the price returns to them.
Many traders use these levels as anchors for position management: which side to enter on and where to place a stop-loss is more practical than trying to predict the direction.
Keep enough margin for your futures positions so a single wick doesn’t wipe you out.
Everyone, how do key price levels come about? Here’s the quick explanation 👇
Previous highs and lows are common key levels. The memory of being rejected or supported at these prices can often influence decisions when the price returns to them.
Many traders use these levels as anchors for position management: which side to enter on and where to place a stop-loss is more practical than trying to predict the direction.
Keep enough margin for your futures positions so a single wick doesn’t wipe you out.