$WLD has fallen below the 0.48 level.
How was this number arrived at?
The more often a price level is tested, the more significance it usually carries in people’s minds. However, some believe repeated tests can also weaken the buying support at that level.
It’s much more reliable to determine your position size by working backward from where you’ll place your stop-loss than to trade on gut feeling.
How was this number arrived at?
The more often a price level is tested, the more significance it usually carries in people’s minds. However, some believe repeated tests can also weaken the buying support at that level.
It’s much more reliable to determine your position size by working backward from where you’ll place your stop-loss than to trade on gut feeling.