This is a commodity (oil) and Bank (XLF) driven etf. Although its Brazil, and their Covid Scenario is not good.
Build the position similar to BABA.
If you want me to check your position and explain. Post a response. I will let you know how you can tweek it.
Build the position similar to BABA.
If you want me to check your position and explain. Post a response. I will let you know how you can tweek it.
Note
Ideally I would like to see this below 28.5 to exit the winning side. Then wait for the bounce to close out the other side.
Uday C Santhakumar
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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.
Uday C Santhakumar
Related publications
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.