The Commitment of Traders (COT) report currently indicates exceptionally light open interest among large speculators, while retail traders are beginning to shift towards selling. I find it particularly insightful to monitor the COT report when there is a notable sentiment shift among retail participants. Looking forward to analyzing Monday's data.
Trade closed: target reached
Super nice tradeDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.