UCad Long Trade:
I think price is right for a long entry here. There are USD releases later, and the MMs have already this session done some buying, causing the price to rise, and now they have pushed the price back down, presumably because lower prices are better than higher prices for more buying.
A different chart look. Just relaxing my eyes for awhile.
M1 PVSRA, even on this chart, shows notable volume increase as the MMs pushed the price back lower, indicating they were resuming heavier buying the lower they pushed the price down to/thru the 3/4 SR.
No TP set at this time. If the MMs wack the price more, I intend to add more.
I think price is right for a long entry here. There are USD releases later, and the MMs have already this session done some buying, causing the price to rise, and now they have pushed the price back down, presumably because lower prices are better than higher prices for more buying.
A different chart look. Just relaxing my eyes for awhile.
M1 PVSRA, even on this chart, shows notable volume increase as the MMs pushed the price back lower, indicating they were resuming heavier buying the lower they pushed the price down to/thru the 3/4 SR.
No TP set at this time. If the MMs wack the price more, I intend to add more.