Fomo Purchases and Late Liquidity
Updated
Solana.. abrupt pullback at Key Level to gather liquidity?
Jumping in front of a Freight train is no fun so it's particularly risky going countertrend the market when there is Momentum on the Higher timeframes. Understabding the risks involved is necessary when trading fakeouts. Fakeouts occur more often then not and that is because of lack of attention to detail, laziness, and ignorance may likely play a role.
Short term targets are 30.19 and 29.07 daily levels
Jumping in front of a Freight train is no fun so it's particularly risky going countertrend the market when there is Momentum on the Higher timeframes. Understabding the risks involved is necessary when trading fakeouts. Fakeouts occur more often then not and that is because of lack of attention to detail, laziness, and ignorance may likely play a role.
Short term targets are 30.19 and 29.07 daily levels
Trade closed: stop reached
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