$FTM sits at 0.69940 right now and I am passing on it completely
Volume is dead at only 0.3x the weekly average meaning nobody is funding this push
Small size moves this book around and getting out with profit might be tough
I need to see an hourly close and hold above 0.71780 before I care
Or I want a proper pullback that holds 0.69020 and actually bounces first
It could keep running without you and a bad entry costs more than a missed move
Chasing $FTM here or waiting for 0.69020
#FTM #RiskManagement
Volume is dead at only 0.3x the weekly average meaning nobody is funding this push
Small size moves this book around and getting out with profit might be tough
I need to see an hourly close and hold above 0.71780 before I care
Or I want a proper pullback that holds 0.69020 and actually bounces first
It could keep running without you and a bad entry costs more than a missed move
Chasing $FTM here or waiting for 0.69020
#FTM #RiskManagement