I am considering this long term BNX play, based on the hypothesis that CPI data tomorrow, will influence price volatility and a visit to 18100 - 17800 lows. With that happening, I expect 12hr fair value gap below to get filled, for a ride much further than range high.
This is a swing trade, and the move is not expected to happen in one fell swoop, as it would highly be dependent on price volatility and liquidity interest from bulls and bears.
This is a swing trade, and the move is not expected to happen in one fell swoop, as it would highly be dependent on price volatility and liquidity interest from bulls and bears.