Currently price are in consolidation phase which is normal after such a strong impulse, it is very important to watch closely during this phase as price action pattern will show us when to enter the trade. Looking at the asset Manager positions from the COT reports we can see that they are reducing both long and short positions which we can expect a continuation of this consolidation phase.
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Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!
_________________________________________________________________________________________________________________________________________
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
