$WIF is green on the day at 0.20860 and I am passing on it
Volume sits at half the weekly average which tells me nobody is really funding this move
Only 1.3M in daily turnover means this order book is thin and getting out with size will hurt
An hourly close and hold above 0.21220 changes my mind
Or a pullback that holds 0.19700 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $WIF here or waiting for 0.19700
#WIF #RiskManagement
Volume sits at half the weekly average which tells me nobody is really funding this move
Only 1.3M in daily turnover means this order book is thin and getting out with size will hurt
An hourly close and hold above 0.21220 changes my mind
Or a pullback that holds 0.19700 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $WIF here or waiting for 0.19700
#WIF #RiskManagement