$AVA is up 48% today and I am not touching it.
Price is at 58% of its 24h range right in the middle of a violent swing.
1h ATR is 8.3% of price. Any stop tighter than that gets shaken out by noise alone.
I won’t chase it until it closes and holds above $0.33200.
Or if it pulls back and holds $0.17520. Tap $AVA and look at the last 24 hourly candles, the level is right there.
It could keep running without you. Missing it costs nothing. Bad entry costs everything.
Chasing $AVA here, or waiting for $0.17520?
📒 My log, last 7d: 27 calls closed, 12 hit a target, 14 stopped. Net +10.9R, losses included.
Binance data as of 18 Sep 04:00 UTC. Not financial advice.
#AVA #RiskManagement
Price is at 58% of its 24h range right in the middle of a violent swing.
1h ATR is 8.3% of price. Any stop tighter than that gets shaken out by noise alone.
I won’t chase it until it closes and holds above $0.33200.
Or if it pulls back and holds $0.17520. Tap $AVA and look at the last 24 hourly candles, the level is right there.
It could keep running without you. Missing it costs nothing. Bad entry costs everything.
Chasing $AVA here, or waiting for $0.17520?
📒 My log, last 7d: 27 calls closed, 12 hit a target, 14 stopped. Net +10.9R, losses included.
Binance data as of 18 Sep 04:00 UTC. Not financial advice.
#AVA #RiskManagement