$FLOW is up 1.6 percent today and I am passing on it
Volume is 0.7x the weekly average which means real money is sitting out
Liquidity sits at just 1.2M dollars so size moves this book and exits get tricky
I want to see an hourly close above 0.03211 before I care
Or a proper pullback that holds 0.02926 and bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $FLOW here or waiting for 0.02926
#FLOW #RiskManagement
Volume is 0.7x the weekly average which means real money is sitting out
Liquidity sits at just 1.2M dollars so size moves this book and exits get tricky
I want to see an hourly close above 0.03211 before I care
Or a proper pullback that holds 0.02926 and bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $FLOW here or waiting for 0.02926
#FLOW #RiskManagement