$PYTH marked a new high in 4h, but aggressive selling flow dominated the last 20 hours. I opened a short.
Entry at 0.0682.
Initial stop at 0.07264 (6.5% higher). No TP: I use a trailing stop: it moves down with the low and closes if the price bounces up to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$PYTH #trading #futures
Entry at 0.0682.
Initial stop at 0.07264 (6.5% higher). No TP: I use a trailing stop: it moves down with the low and closes if the price bounces up to it; 7 days is just the maximum.
The risk per trade is small, and I always respect the stop.
This is not financial advice. Do your own research and adjust your risk.
$PYTH #trading #futures