$EWZ is coiled up as well.

This is a commodity (oil) and Bank (XLF) driven etf. Although its Brazil, and their Covid Scenario is not good.

Build the position similar to BABA.

If you want me to check your position and explain. Post a response. I will let you know how you can tweek it.

Yorum:

Ideally I would like to see this below 28.5 to exit the winning side.

Then wait for the bounce to close out the other side.