On the assumption that bulls/MM are happy with retracement i will be longing from here with tight SL, we will see further uptrend or sideways movement in the worst-case, 0.03 retest less likely but still in the play.
Comment:
Out of trade since dumb money is too bullish on perpetual.
We have to have at least a double bottom to wipe out the 4x1 long short ratio and the funding rate suspiciously increasing incentivizing smart money to sell short...
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We have to have at least a double bottom to wipe out the 4x1 long short ratio and the funding rate suspiciously increasing incentivizing smart money to sell short...