$AGT ｜Breaking below the 0.045 level
Before looking at your position, first understand key round-number levels.
Common criteria for confirming a break below a level include: the close is on the other side of the level, a rebound fails to reclaim it, and trading volume increases during the breakout.
It’s not uncommon for prices to break above a level and then fall back below it, so many people prefer to wait for confirmation at the close rather than follow the move the moment the level is crossed.
The same reading can mean very different things in different market conditions, so don’t blindly apply a single rule.
#AGT
Before looking at your position, first understand key round-number levels.
Common criteria for confirming a break below a level include: the close is on the other side of the level, a rebound fails to reclaim it, and trading volume increases during the breakout.
It’s not uncommon for prices to break above a level and then fall back below it, so many people prefer to wait for confirmation at the close rather than follow the move the moment the level is crossed.
The same reading can mean very different things in different market conditions, so don’t blindly apply a single rule.
#AGT