Price is rising while the O.I is dropping. Which means the recent rally was mostly short-covering/liquidation hunt.
Take profit is around 4.82. If the price closes above 5.7 with an Open interest of 2M or higher, I'll close my position.
Take profit is around 4.82. If the price closes above 5.7 with an Open interest of 2M or higher, I'll close my position.
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.