$MUBARAK is sitting at 0.05613 right now and I am passing on it
Volume is sitting at 0.5x the average which means nobody is actually funding this move
It is 32.9 percent down from the seven day high but dead volume keeps me out
I need to see an hourly close and hold above 0.05900 before I care
Or I want a pullback that holds 0.05366 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $MUBARAK here or waiting for 0.05366
#MUBARAK #RiskManagement
Volume is sitting at 0.5x the average which means nobody is actually funding this move
It is 32.9 percent down from the seven day high but dead volume keeps me out
I need to see an hourly close and hold above 0.05900 before I care
Or I want a pullback that holds 0.05366 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $MUBARAK here or waiting for 0.05366
#MUBARAK #RiskManagement