$ON 5-minute plunge of 4.6%, trading at 0.0825, with a 24-hour range of 0.0728–0.0907.
After a sharp move, the market usually enters a consolidation period. How it consolidates determines which way the next move will go.
When prices fall, don’t focus only on the size of the drop; also keep an eye on how far the price is from support.
After a sharp move, the market usually enters a consolidation period. How it consolidates determines which way the next move will go.
When prices fall, don’t focus only on the size of the drop; also keep an eye on how far the price is from support.
