If your broker allows you to trade this - do it!
The only thing, different brokers have different rules. The only problem is the SWAP (holding costs). Sometimes, brokers can make it very unattractive to keep this one overnight. But if you did your math and calculated the level, at which you think you can cover all the costs and make a nice profit, then go for it.
I think there could be a good jump this month. But once you hit a good high level, for example something like 12, then don't be greedy, take your profits and leave. There will be another good chance to jump in on this.
I think the candles have already showed us that there is some momentum building up and it could shoot up.
As always, keep an eye on the price action!
The only thing, different brokers have different rules. The only problem is the SWAP (holding costs). Sometimes, brokers can make it very unattractive to keep this one overnight. But if you did your math and calculated the level, at which you think you can cover all the costs and make a nice profit, then go for it.
I think there could be a good jump this month. But once you hit a good high level, for example something like 12, then don't be greedy, take your profits and leave. There will be another good chance to jump in on this.
I think the candles have already showed us that there is some momentum building up and it could shoot up.
As always, keep an eye on the price action!
