$EVAA ｜Breaking through the 1.5 level
Before looking at fund flows, first get clear on key price levels.
The more often a price level is tested, the more significant it tends to become in people’s minds. However, some say repeated tests can also weaken the orders resting there.
Volatility can increase near key levels, so leveraged positions need more room here. Stop-losses placed too close to round numbers can easily be triggered.
Leave enough room for your futures positions—don’t let a single wick wipe them out.
#EVAA
Before looking at fund flows, first get clear on key price levels.
The more often a price level is tested, the more significant it tends to become in people’s minds. However, some say repeated tests can also weaken the orders resting there.
Volatility can increase near key levels, so leveraged positions need more room here. Stop-losses placed too close to round numbers can easily be triggered.
Leave enough room for your futures positions—don’t let a single wick wipe them out.
#EVAA