Looking for a LONG entry at BEARS bloodbath level
Hedge Fund (non cpmmecial COT) have been closing their shorts but not much happening on the LONG side yet. However retail are heavily SHORT and so it expected their massacre.
That transalte in push up whene we want to see the break of the trendline and break of resistance and then look for a LONG opportunity which can be explosive because of the SHORT closes of the BEARs in the slaughtrhouse.
Let's see what happens and PATIENCE is KEY here.
That transalte in push up whene we want to see the break of the trendline and break of resistance and then look for a LONG opportunity which can be explosive because of the SHORT closes of the BEARs in the slaughtrhouse.
Let's see what happens and PATIENCE is KEY here.
Note
so... the support did not held. BUT the picture does not change at all. We are still going to wait for the retest of resistance and SHORT this pair
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.