$TON is up 0.9 percent today and I am passing on it
Volume is sitting at 0.9 times the weekly average which tells me this move lacks real backing
I need to see an hourly close and hold above 1.6410 before I care
Or I want a pullback that holds 1.5780 and actually bounces
It could keep running without me but a bad entry costs more than a missed move
Chasing $TON here or waiting for 1.5780
#TON #RiskManagement
Volume is sitting at 0.9 times the weekly average which tells me this move lacks real backing
I need to see an hourly close and hold above 1.6410 before I care
Or I want a pullback that holds 1.5780 and actually bounces
It could keep running without me but a bad entry costs more than a missed move
Chasing $TON here or waiting for 1.5780
#TON #RiskManagement