$FIL is up 3.9 percent and you are buying near the very top of the day
Look at the range right now because $FIL is sitting at 98 percent of its daily high
Volume is weak at just 0.8 times the weekly average so big money is not backing this push
That means the person selling to you at 1.19 dollars is an early buyer locking in profit
They got in down at the swing low of 1.11 dollars and you are providing their exit liquidity
Every time you chase a green candle near resistance you are just paying someone else to leave
Wait for the retest instead of buying the absolute peak
#FIL #TradingTips
Look at the range right now because $FIL is sitting at 98 percent of its daily high
Volume is weak at just 0.8 times the weekly average so big money is not backing this push
That means the person selling to you at 1.19 dollars is an early buyer locking in profit
They got in down at the swing low of 1.11 dollars and you are providing their exit liquidity
Every time you chase a green candle near resistance you are just paying someone else to leave
Wait for the retest instead of buying the absolute peak
#FIL #TradingTips