$MUBARAK is at 0.05105 and I am passing on it today
Volume is sitting at 0.6x the weekly average which tells me nobody cares right now
We only saw 1.7M total volume over twenty four hours so size will just get trapped in this order book
I need to see an hourly close and hold above 0.05299 before I look twice
Or I want to watch a clean pullback that holds 0.05028 and bounces hard
It could keep running without me because a bad entry always costs more than a missed move
Chasing $MUBARAK here or waiting for 0.05028?
#MUBARAK #RiskManagement
Volume is sitting at 0.6x the weekly average which tells me nobody cares right now
We only saw 1.7M total volume over twenty four hours so size will just get trapped in this order book
I need to see an hourly close and hold above 0.05299 before I look twice
Or I want to watch a clean pullback that holds 0.05028 and bounces hard
It could keep running without me because a bad entry always costs more than a missed move
Chasing $MUBARAK here or waiting for 0.05028?
#MUBARAK #RiskManagement