$LUMINT looking like it's taking a breather after that massive run up. The wick is telling a story of profit taking around the $0.08 area.
Volume is still decent, but it's clearly pulling back. I'm watching for a strong hold right around the $0.077 level. If we close an hour candle below that, we're likely testing the previous wick low around $0.076 or worse, the $0.075 support. Hold it here, consolidate, and we might have enough fuel for another push to $0.082. Fail, and it's time to set lower bids. Tight stops are your friend right now. Don't get chopped up.
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$LUMINT looking like it's taking a breather after that massive run up. The wick is telling a story of profit taking around the $0.08 area.
Volume is still decent, but it's clearly pulling back.
I'm watching for a strong hold right around the $0.077 level. If we close an hour candle below that, we're likely testing the previous wick low around $0.076 or worse, the $0.075 support.
Hold it here, consolidate, and we might have enough fuel for another push to $0.082. Fail, and it's time to set lower bids.
Tight stops are your friend right now. Don't get chopped up.
#LUMINT #PostToWin