Hey guys nova this side,
here is the trading setup for today.
Information:
macd showing a downfall,
rsi showing the price decline.
Improtant, it made the low and breaks it trying to test it again and going to reverse from it because the seller are sitting there for price decline.
as per the price action price is going to reverse with the hemmer or doji for the...
Short term dollar bottom?
Stretched CFTC net long positioning has started to unwind a little as well.
Plus Euro which is a big component, also has seen stretched positioning and now we are seeing resurgence of cases in most major European countries.
