$IRYS The short squeeze was brutal. Bears got trapped.
DO NOT blindly short this chart. Volatility is extreme, and another violent squeeze is possible. But after a huge spike and sharp rejection, chasing longs is equally dangerous.
Wait for confirmation. Trade the levels, not the emotions. ⚠️
DO NOT blindly short this chart. Volatility is extreme, and another violent squeeze is possible. But after a huge spike and sharp rejection, chasing longs is equally dangerous.
Wait for confirmation. Trade the levels, not the emotions. ⚠️