Important warning for traders: Unnatural rises in currencies are often followed by sharp declines
Always remember that any unjustified or "unnatural" rise in the price of any currency is often temporary. Do not expect the price to stabilize at these high levels; more often than not, it is followed by a sharp and sudden decline.
We have seen this pattern repeat itself over and over again, the latest being what happened with the $MASK currency.
So, if you are trading under such conditions, seriously consider a "hit and run" strategy (i.e., taking profits quickly). And even if you are ambitious and want to achieve more profits, you have the right to do so, but never forget to set a stop loss point. This step is essential to protect your capital from sharp fluctuations.
