$FTM is sitting at $0.69940 right now and I am passing
Volume is dead at only 0.3x average so nobody is actually funding this move
Only $1.3M of 24h volume means any size moves this book and exits are a gamble
I need to see an hourly close and hold above $0.71780 before I care
Or I want a pullback that holds $0.69020 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $FTM here or waiting for 0.69020
#FTM #RiskManagement
Volume is dead at only 0.3x average so nobody is actually funding this move
Only $1.3M of 24h volume means any size moves this book and exits are a gamble
I need to see an hourly close and hold above $0.71780 before I care
Or I want a pullback that holds $0.69020 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $FTM here or waiting for 0.69020
#FTM #RiskManagement