$KOMA breaks through the 0.015 level.
Guys, where do key price levels come from? Here’s a quick explanation.
Common ways to determine whether a break below a level is valid include: the closing price ends up on the other side of the level, the price retests it without breaking back through, or trading volume increases as the price crosses it.
It’s not uncommon for the price to break through a level and then fall back, so many people wait for confirmation at the close rather than jumping in the moment it crosses.
All data describes market movements that have already happened; the market could just as easily move in the opposite direction.
#KOMA
I’m just sharing some thoughts—don’t take this as advice.
Guys, where do key price levels come from? Here’s a quick explanation.
Common ways to determine whether a break below a level is valid include: the closing price ends up on the other side of the level, the price retests it without breaking back through, or trading volume increases as the price crosses it.
It’s not uncommon for the price to break through a level and then fall back, so many people wait for confirmation at the close rather than jumping in the moment it crosses.
All data describes market movements that have already happened; the market could just as easily move in the opposite direction.
#KOMA
I’m just sharing some thoughts—don’t take this as advice.