$BAT breaks through the 0.18 level.
Let’s use this number to break down the key price levels.
There are often a lot of stop-loss orders clustered around key levels. If the price moves past one, those stops can be triggered all at once, causing volatility to spike suddenly.
It’s not uncommon for the price to break through a level and then fall back below it, so many people wait for confirmation at the close rather than chasing the move as it happens.
With leveraged positions, first consider whether you can handle the worst-case outcome, then think about what the signal is telling you.
Let’s use this number to break down the key price levels.
There are often a lot of stop-loss orders clustered around key levels. If the price moves past one, those stops can be triggered all at once, causing volatility to spike suddenly.
It’s not uncommon for the price to break through a level and then fall back below it, so many people wait for confirmation at the close rather than chasing the move as it happens.
With leveraged positions, first consider whether you can handle the worst-case outcome, then think about what the signal is telling you.