Comments: this play can be rushed, because the levels of both cot indexes we monitor are still low. We want anyway to enter because:
- the speed of the drop was very fast (price % change / time of the change in weeks)
- net position change speed was very fast (net position % change / time of the change in weeks)
- for the very good r/r at this price level
Cot 3y: 51.8
Cot 6m: 51.8
Rsi: bullish divergence
Price: multiyear support
Entry: 10.43
- the speed of the drop was very fast (price % change / time of the change in weeks)
- net position change speed was very fast (net position % change / time of the change in weeks)
- for the very good r/r at this price level
Cot 3y: 51.8
Cot 6m: 51.8
Rsi: bullish divergence
Price: multiyear support
Entry: 10.43
Trade active:
Cot report increased net long
Trade closed: target reached