Price stalled after few weeks of continuous drop. The daily down momentum line broke, but we saw a huge long contracts closing (not renewing) in the COT-NonCommenricals report. The D-SZ is where it all happened.
If price manages to break the current short term down momentum line, we can get a long entry on a pull back.
The momentum line can also be used a short entry point with SL above previous high.
Trade with care.
Zack
If price manages to break the current short term down momentum line, we can get a long entry on a pull back.
The momentum line can also be used a short entry point with SL above previous high.
Trade with care.
Zack
Comment:
short trade still running
Comment:
380+ pips on short and still running
Comment:
Closed half short, half at BE