With the commercials continuing to position themselves long, I am looking to buy the dollar as well, especially after the previous pattern hit my targets. All the other parameters tell me to go long despite the bearish outlook of one candle on the monthly or weekly chart. So, that is what I shall do, stay bullish the dollar for now and wait for dips.
Kommentera:
Waiting patiently....
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.