$RAY is up 26% today and I am not touching it. Here is the number that stopped me.
Price is at $1.6231 69% up from the 24h low.
1h ATR is 6.9% of price. Any stop tighter than that gets eaten by noise.
I need an hourly close and hold above $1.7900.
Or a pullback that holds $1.2532 and bounces from it.
This could keep running without me. Missing a move costs nothing. A bad entry costs real money.
Who’s in? What’s your invalidation level?
Not financial advice. My levels, my risk.
#RAY #RiskManagement
Price is at $1.6231 69% up from the 24h low.
1h ATR is 6.9% of price. Any stop tighter than that gets eaten by noise.
I need an hourly close and hold above $1.7900.
Or a pullback that holds $1.2532 and bounces from it.
This could keep running without me. Missing a move costs nothing. A bad entry costs real money.
Who’s in? What’s your invalidation level?
Not financial advice. My levels, my risk.
#RAY #RiskManagement