Is EVAA Setting Another Trap for Traders?
EVAA is trading in the premium zone and my current bias is slightly bearish.
But this is not a zone where I would blindly open a short or long.
What am I watching?
A confirmed breakout above $1.6300 could push EVAA toward $2.4257.A breakdown below $0.5238 could bring serious selling pressure.Too many traders lose their positions trying to predict the next candle. I would rather wait for confirmation than become exit liquidity.
No confirmed trade yet. Sometimes patience saves more money than a perfect entry makes.
Are you expecting a breakout or another fake move?
EVAA is trading in the premium zone and my current bias is slightly bearish.
But this is not a zone where I would blindly open a short or long.
What am I watching?
A confirmed breakout above $1.6300 could push EVAA toward $2.4257.A breakdown below $0.5238 could bring serious selling pressure.Too many traders lose their positions trying to predict the next candle. I would rather wait for confirmation than become exit liquidity.
No confirmed trade yet. Sometimes patience saves more money than a perfect entry makes.
Are you expecting a breakout or another fake move?
