$AVAAI looked extremely stretched here, but this was always a risky short because it was fighting the trend 🩸
The setup was based on a rejection from the higher levels, with $0.01220 as the invalidation and downside targets at $0.01035, $0.00975.
This was a counter trend trade, so the risk was higher than usual. The important part with setups like this is position sizing and having a clear invalidation instead of trying to fight the market with a full position.
Never put everything into one trade.
#AVAAI #coinquest
The setup was based on a rejection from the higher levels, with $0.01220 as the invalidation and downside targets at $0.01035, $0.00975.
This was a counter trend trade, so the risk was higher than usual. The important part with setups like this is position sizing and having a clear invalidation instead of trying to fight the market with a full position.
Never put everything into one trade.
#AVAAI #coinquest
