Head and shoulders not withstanding nor the break of the LT trend, this is a nice rally to take a stab at a short in the current commodity deflation we are experiencing.
No real wave pattern yet even lower time frames but given the macro and the price, volume, volatility calculated daily range near its top end, that confluence or an emerging pattern is believed (by me) will come soon. And its at a (random line, not really part of a strategy) that some may identify as an area to sell as well
No real wave pattern yet even lower time frames but given the macro and the price, volume, volatility calculated daily range near its top end, that confluence or an emerging pattern is believed (by me) will come soon. And its at a (random line, not really part of a strategy) that some may identify as an area to sell as well