Short Term Trading Week Starting: 22 Jan, page-10

  1. ArielStarr89
    5,215 Posts.
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    22/01/24
    11:17
    Post #: 71995992
    Hi everyone
    RFG
    Big rally incoming. All majors are net long 2 majors net short as of 3 days ago however it looks like they are reducing their short over time. If they cover they will only drive price higher.

    https://hotcopper.com.au/data/attachments/5901/5901342-1380657cd360bb4a7c5722963ef717ac.jpg


    Price shows strength price is in an ascending channel higher highs and higher lows which is a bullish event.

    https://hotcopper.com.au/data/attachments/5901/5901319-f396fdc720d84c1a951b7e15d59b6af2.jpg
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    lightbulb Created with Sketch.  Great analysis
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