Short for quick Profit then Long after Retracement
The market is in an overextended bullish phase on the Monthly, weekly and daily view. Expect a corrective retracement this Monday/Tuesday to the downside for about 50 to 80 pips, before a potential continuation to higher highs.
Institutions have put int 15.2k BUYS last Tuesday and this supports LONG moves after watching the reaction on the drop early this week
Institutions have put int 15.2k BUYS last Tuesday and this supports LONG moves after watching the reaction on the drop early this week