đ $BULLA failed to hold the 0.07 level.
There are usually lots of stop-loss orders clustered around key levels, so first, letâs understand why they matter.
Common ways to confirm a genuine break below a level include: the close is on the other side, a retest fails to reclaim it, and volume picks up during the breakout.
The level itself doesnât determine the direction; itâs mostly where the bulls and bears clash most intensely. Ultimately, the money flow decides which way the market goes.
Sizing your position based on where you place your stop-loss is much more reliable than picking a size on a whim.
#BULLA
There are usually lots of stop-loss orders clustered around key levels, so first, letâs understand why they matter.
Common ways to confirm a genuine break below a level include: the close is on the other side, a retest fails to reclaim it, and volume picks up during the breakout.
The level itself doesnât determine the direction; itâs mostly where the bulls and bears clash most intensely. Ultimately, the money flow decides which way the market goes.
Sizing your position based on where you place your stop-loss is much more reliable than picking a size on a whim.
#BULLA
