$JCT lost the 0.002 level (current price 0.002009, now back above the level).
The price has moved back to the other side of the level, so the previous signal needs to be reassessed.
A valid breakout is usually accompanied by increased volume, while false breakouts often lack volume. This is a filter I place considerable weight on.
The price has moved back to the other side of the level, so the previous signal needs to be reassessed.
A valid breakout is usually accompanied by increased volume, while false breakouts often lack volume. This is a filter I place considerable weight on.