$JTO is sitting at 0.54160 right now and I am passing on it
Volume is only 0.5x average so this move is completely dry
With just 2.4M in daily volume any size gets trapped here
I need an hourly close and hold above 0.54690 before touching it
Or a clean pullback that holds 0.49690 and bounces hard
It could keep running without me and missing it costs nothing
Chasing $JTO here or waiting for 0.49690
#JTO #RiskManagement
Volume is only 0.5x average so this move is completely dry
With just 2.4M in daily volume any size gets trapped here
I need an hourly close and hold above 0.54690 before touching it
Or a clean pullback that holds 0.49690 and bounces hard
It could keep running without me and missing it costs nothing
Chasing $JTO here or waiting for 0.49690
#JTO #RiskManagement