$MUBARAK is sitting at 0.05214 today. I am passing on it
Volume is only 0.5x average right now
This move is running on thin air and the order book is too small at 1.2M
I need to see an hourly close and hold above 0.05322
Or a pullback that holds 0.05126 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $MUBARAK here, or waiting for 0.05126?
#MUBARAK #RiskManagement
Volume is only 0.5x average right now
This move is running on thin air and the order book is too small at 1.2M
I need to see an hourly close and hold above 0.05322
Or a pullback that holds 0.05126 and bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $MUBARAK here, or waiting for 0.05126?
#MUBARAK #RiskManagement