JPYX Long

20 ביולי 2023

The corrective phase this market had while it was going down indicates that more long positions were being added and will eventually take over. But with the break to the upside, knowing that retail traders were also expecting to buy in this area, commercial traders had to change the direction in which retail traders think of excecuting (in this case from buying to selling) and have themselves enter the long positions and be profitable.