$ENA ｜Breaking through the 0.14 level
How do key price levels come about? The more frequently a price level is tested, the more significant it tends to become in people’s eyes. But some believe that repeated tests can actually weaken the support there.
It’s common for prices to break through a level and then fall back, so many people wait for confirmation at the close before taking it seriously, rather than chasing the move the moment it breaks through.
All data is based on past market movements, and prices can move in the opposite direction at any time.
#ENA
You bear the risk yourself; this is just a discussion.
How do key price levels come about? The more frequently a price level is tested, the more significant it tends to become in people’s eyes. But some believe that repeated tests can actually weaken the support there.
It’s common for prices to break through a level and then fall back, so many people wait for confirmation at the close before taking it seriously, rather than chasing the move the moment it breaks through.
All data is based on past market movements, and prices can move in the opposite direction at any time.
#ENA
You bear the risk yourself; this is just a discussion.
