$MUBARAK minutes +5.36%, current price 0.05686. If you're thinking of chasing it, ask yourself three questions first:
① The 24-hour high of 0.05712 hasn't been broken yet. Is the risk-reward ratio good enough?
② This was a sudden surge. What will you do if a pullback comes?
③ Have you decided where to set your stop-loss?
Only go ahead once you have answers to all three. If you haven't thought it through, it's better to wait.
The more sharply it rises, the more likely it is to spike and then pull back.
#MUBARAK
① The 24-hour high of 0.05712 hasn't been broken yet. Is the risk-reward ratio good enough?
② This was a sudden surge. What will you do if a pullback comes?
③ Have you decided where to set your stop-loss?
Only go ahead once you have answers to all three. If you haven't thought it through, it's better to wait.
The more sharply it rises, the more likely it is to spike and then pull back.
#MUBARAK