$ERA ｜1-hour open interest +21.04%｜Price up 9.48%
Changes in open interest indicate that leveraged traders are adjusting their positions. To tell whether they’re opening or closing positions, and whether they’re going long or short, you need to look at the price direction. What signals do you usually wait for before making a move?
Changes in open interest indicate that leveraged traders are adjusting their positions. To tell whether they’re opening or closing positions, and whether they’re going long or short, you need to look at the price direction. What signals do you usually wait for before making a move?