With rising interest rates it now costs traders significant amounts to hold leveraged long positions.
Price has stalled at this historic pivot level which also correlates with the trendline and the 61.8% fibo retracement.
Generous stop loss. This will attract a positive swap yield also.
Price has stalled at this historic pivot level which also correlates with the trendline and the 61.8% fibo retracement.
Generous stop loss. This will attract a positive swap yield also.