High sell volume + O.I drop
Updated
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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