🐋 $APR broke through the 0.045 level, 8 days after it last reached this point.
A lot of stop-loss orders tend to cluster around key levels, so let’s first talk about why these levels matter.
A common rule of thumb is that resistance levels that are decisively broken often become support, while support levels that are decisively broken often become resistance.
Working backward from the stop-loss distance to determine your position size is much more reliable than picking one off the top of your head.
A lot of stop-loss orders tend to cluster around key levels, so let’s first talk about why these levels matter.
A common rule of thumb is that resistance levels that are decisively broken often become support, while support levels that are decisively broken often become resistance.
Working backward from the stop-loss distance to determine your position size is much more reliable than picking one off the top of your head.