$UAI broke below the 0.03 level.
Let’s use this figure to talk about key price levels.
Support and resistance are really zones, not prices precise to the decimal point, so it’s perfectly normal for prices to swing back and forth around them.
Volatility can easily increase near key levels. If you’re trading with leverage, leave yourself more room here: placing a stop-loss too close to a round number can get you stopped out in a flash.
Unusual data often means wider swings. At times like these, it’s better to reduce your position size rather than make a big bet.
DYOR, and trade rationally.
Let’s use this figure to talk about key price levels.
Support and resistance are really zones, not prices precise to the decimal point, so it’s perfectly normal for prices to swing back and forth around them.
Volatility can easily increase near key levels. If you’re trading with leverage, leave yourself more room here: placing a stop-loss too close to a round number can get you stopped out in a flash.
Unusual data often means wider swings. At times like these, it’s better to reduce your position size rather than make a big bet.
DYOR, and trade rationally.
