$UAI ｜Lost the 0.14 level
Why do round-number levels matter? Common criteria for determining whether a breakout is valid include: the close is on the other side of the level, a retest holds, and volume increases during the breakout.
The first pullback after moving above a level is often seen as a litmus test: if the price holds near the level, the logic of resistance turning into support is more convincing.
Unusually rare data is often accompanied by greater volatility. At times like these, it is even more important to reduce leverage rather than make a heavy bet.
#UAI
Why do round-number levels matter? Common criteria for determining whether a breakout is valid include: the close is on the other side of the level, a retest holds, and volume increases during the breakout.
The first pullback after moving above a level is often seen as a litmus test: if the price holds near the level, the logic of resistance turning into support is more convincing.
Unusually rare data is often accompanied by greater volatility. At times like these, it is even more important to reduce leverage rather than make a heavy bet.
#UAI
