$APR ｜The 0.035 level has been breached
Why do key levels matter? The longer it’s been since the price last reached this level, the more the distribution of positions around it may have changed. Past support and resistance may no longer hold.
Many people use key levels as anchors for managing their positions: which side of the level they hold on and where they place their stop-loss can be more practical than trying to predict the direction.
Don’t change your plan because of a single indicator, and don’t gamble on a hunch with borrowed money.
Why do key levels matter? The longer it’s been since the price last reached this level, the more the distribution of positions around it may have changed. Past support and resistance may no longer hold.
Many people use key levels as anchors for managing their positions: which side of the level they hold on and where they place their stop-loss can be more practical than trying to predict the direction.
Don’t change your plan because of a single indicator, and don’t gamble on a hunch with borrowed money.