$WLFI lost its weekly VWAP and fell below the price level with the highest volume. I opened a short.
Entry at 0.04704.
Initial stop at 0.04912 (4.4% higher). No TP: I use a trailing stop—it moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
Many trades don't work out; that's why each trade risks only a little.
This is not financial advice. Do your own research and adjust your risk.
$WLFI #trading #futures
Entry at 0.04704.
Initial stop at 0.04912 (4.4% higher). No TP: I use a trailing stop—it moves down with the low and closes if the price rebounds to it; 7 days is just the maximum.
Many trades don't work out; that's why each trade risks only a little.
This is not financial advice. Do your own research and adjust your risk.
$WLFI #trading #futures