$W is trading at 0.01468 and I am passing on it today
Volume is sitting at 0.3x the weekly average which means nobody is actually funding this move
I need an hourly close and hold above 0.01552 before I care
Or I want a pullback that holds 0.01437 and actually bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $W here or waiting for 0.01437
#W #RiskManagement
Volume is sitting at 0.3x the weekly average which means nobody is actually funding this move
I need an hourly close and hold above 0.01552 before I care
Or I want a pullback that holds 0.01437 and actually bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $W here or waiting for 0.01437
#W #RiskManagement