Technical Note | $APR | Break Below the 0.039 Level
Definition: Common criteria for confirming whether a breakdown is valid include closing on the other side of the level, failing to reclaim it on a retest, and increased volume during the breakout.
How to read it: The level itself does not determine whether prices rise or fall. It is more like the point of fiercest battle between buyers and sellers, and the outcome still depends on trading activity.
All indicators describe past market movements; prices can move in the opposite direction at any time.
Definition: Common criteria for confirming whether a breakdown is valid include closing on the other side of the level, failing to reclaim it on a retest, and increased volume during the breakout.
How to read it: The level itself does not determine whether prices rise or fall. It is more like the point of fiercest battle between buyers and sellers, and the outcome still depends on trading activity.
All indicators describe past market movements; prices can move in the opposite direction at any time.