I am passing on $NOM at 0.001666 today
The 1h RSI is sitting at 84
Volume is just 1.2 million dollars so large size moves this book badly
I need to see an hourly close and hold above 0.001555
Or a pullback that holds 0.001496 and bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $NOM here or waiting for 0.001496
#NOM #RiskManagement
The 1h RSI is sitting at 84
Volume is just 1.2 million dollars so large size moves this book badly
I need to see an hourly close and hold above 0.001555
Or a pullback that holds 0.001496 and bounces
It could keep running without me and a bad entry costs more than a missed move
Chasing $NOM here or waiting for 0.001496
#NOM #RiskManagement