We remain in deflation (except for oil so far). That means a rising dollar. We are well above the high-end of the daily range based on price volume and volatility and should look for a reversal. The pattern is setting up, the fundamentals have not changed. We will scale in here and manage the trade.
Note
Covering just a bit of this for a nice profitTrade closed: target reached
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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.