We just started a new UP move.
As you can see on a chart since evening 19.04. we should play shorts but in fact thats was a consolidation and can do a lot of mess on traders wallets. In fact we were surprised too about the up-move during the day in 21.04.
After retesting low level at 1,066x/7x this morning we started a up move. In our opinion the price went back only to release all shorts and start a new move created only on long position for huge players and banks.
Difficult to say how big and strong will be that move - in our opinion we can see levels 1,11 or even 1,13 - but one thing is the most important, all traders should be careful with short position. We suggest - play long positions after corrections and hold them.
After retesting low level at 1,066x/7x this morning we started a up move. In our opinion the price went back only to release all shorts and start a new move created only on long position for huge players and banks.
Difficult to say how big and strong will be that move - in our opinion we can see levels 1,11 or even 1,13 - but one thing is the most important, all traders should be careful with short position. We suggest - play long positions after corrections and hold them.
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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.