After the Iran-Israel tensions, traders on the futures side must be very confused because here is the most ridiculous liquidation chart I have ever analyzed. The amount of liquidation is not very high and the chart is so shallow that everyone’s carry trade might blow up in their hands 🙂
I think the market makers are waiting for liquidity accumulation to hurt, a clear operation will come here soon. I don’t recommend futures trading at this time so that you don’t become an appetizer for the wolf’s table.
As of today;
Long liquidations are intense at $59.900 – $59.600 and $58.900.
Short liquidations are intense at $60.800 and $61.800.