$ARB broke below the 0.19 level.
Let’s talk about what this number means.
Previous highs and lows are the most common reference points: memories of being unable to rise above or fall below those levels last time can influence buying and selling when the price reaches them again.
Volatility can increase near key levels. If you’re trading with leverage, leave more room here—placing your stop-loss too close to a round number can get you stopped out in a flash.
Don’t chase trades during the most volatile few minutes. Wait for the candlestick to close and settle before taking another look.
Let’s talk about what this number means.
Previous highs and lows are the most common reference points: memories of being unable to rise above or fall below those levels last time can influence buying and selling when the price reaches them again.
Volatility can increase near key levels. If you’re trading with leverage, leave more room here—placing your stop-loss too close to a round number can get you stopped out in a flash.
Don’t chase trades during the most volatile few minutes. Wait for the candlestick to close and settle before taking another look.