$FLOW is down 4 percent today and I am passing on it
Volume is stuck at 1.4M which is barely 1.4x the weekly average meaning any real size will chew through the order book and leave you trapped
I need to see an hourly close and hold above 0.03395 before I care
Or a clean pullback that holds 0.03045 and actually shows a bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $FLOW here or waiting for 0.03045
#FLOW #RiskManagement
Volume is stuck at 1.4M which is barely 1.4x the weekly average meaning any real size will chew through the order book and leave you trapped
I need to see an hourly close and hold above 0.03395 before I care
Or a clean pullback that holds 0.03045 and actually shows a bounce
It could keep running without you and a bad entry costs more than a missed move
Chasing $FLOW here or waiting for 0.03045
#FLOW #RiskManagement