$ARIA 5 minutes +4.43%, current price 0.2045. If you're itching to chase the rally, answer these three questions first:
① The 24h high of 0.2293 hasn't been broken yet. Is the risk-reward ratio good enough?
② This was a sudden spike. What will you do if a pullback comes?
③ Have you decided where to place your stop-loss?
Only proceed once you have answers to all three. If you can't answer them, it's better to wait.
① The 24h high of 0.2293 hasn't been broken yet. Is the risk-reward ratio good enough?
② This was a sudden spike. What will you do if a pullback comes?
③ Have you decided where to place your stop-loss?
Only proceed once you have answers to all three. If you can't answer them, it's better to wait.