Elaborating a bit further, if by any chance you are already long, 0.01 is a clever low risk take profit point. If you are long and wanna take a more risky stand, 0.011, or a bit less should be a good take profit. Then, a small bounce back to 0.01 would be expected, giving us a nice entry point again.
A clear break of 0.01 for me is a massive trend change.... not sure how to trade it yet, but should be a decent long leg.
Hope it helps,
A clear break of 0.01 for me is a massive trend change.... not sure how to trade it yet, but should be a decent long leg.
Hope it helps,