#MarketTurbulence
The markets are currently in a state of high volatility and liquidity pressure, which often leads to sudden moves and quickly breaking support or resistance levels.
In times like these:
Reduce the size of trades.
Adopt a clear stop loss.
Do not chase the price; wait for confirmations on the chart.
Monitor news and strong economic indicators.
Today's movements are akin to a raging sea wave — anyone who grabs the oar without a plan may capsize the boat.