Hi, everyone. I haven't posted anything since May 24th, when I wrote about a possible ARB pullback. There has been no operation on my futures account since the break-even stop loss.
So today I come with good news
Let's start with the chart. We can see from the chart observation
1. ARB shows the intention to rebound and rise in the short term
2, the ARB medium term is now very chaotic, short term without a real rise or fall, still belongs to anything that can happen.
3. There is no doubt that ARB remains a long term bull trend. Paying attention to what can affect long-term trends in the short to medium term is the most important thing to do right now.
4. I will reduce the spot position before increasing the position at the current price of $1.12, and transfer the profit to the futures account
5. I opened a long futures position at the ARB price of $1.115. Stop loss at $1.08.
$My goal is still $1.40, please follow me and join the ARB multi-army ~
$ARB