What Is The Market Telling Us?
What Are Market Participants Doing?
- Price is currently ranging between Previous High & Previous Low
- 1st Break in market structure towards bullish direction since March
- Price is currently making its way toward previous low for a retest
What Are Market Participants Doing?
- 70% of retail traders are shorting the dollar overall against DXY
- There is currently over 450,000K short positions on the EUR from Dealer Intermediary (COT)
- Institutional liquidity is sitting under sell stops of retail traders located below PDL
Disclaimer
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.
Disclaimer
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.