There is nothing too significant based on last week's candle. My only observation is that it created equal lows and ended with a green candle.
Based on my analysis on the DXY, I could see that weekly candle being a catalyst to induce the bulls into the market.
The only concerning thing is the Commitment of Trader report with large specs still being heavily long. My experience is limited observing the report week by week, but one thing I've learned is that regardless of the report, bias can change on a dime.
Based on my analysis on the DXY, I could see that weekly candle being a catalyst to induce the bulls into the market.
The only concerning thing is the Commitment of Trader report with large specs still being heavily long. My experience is limited observing the report week by week, but one thing I've learned is that regardless of the report, bias can change on a dime.
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R2F Trading
Private Coaching Available
road2fundedtrading.com
Telegram: t.me/Road2Funded
Private Coaching Available
road2fundedtrading.com
Telegram: t.me/Road2Funded
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.