Price is in the middle band of the broken long term descending channel and just right bellow the weekly supply zone. Volume on the move up is descending so the market is loosing the power. COT - banks holding big shorts. I think they will wants them close much lower.
Handel aktiv
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Supply Zone holds Banks reported 5 times bigger shorts than longs. I think they will want them close on the bottom.
According to your idea how long shall we hold it?