Green dragon example on Euro

10 March 2017, 03:22
Mick Prater

I have the Green dragon on EURUSD looking to catch a breakout from this consolidation. The COT sentiment is short right now, but the interesting think is that last week the big boys have been accumulating long contracts to the tune of 15,700! The retail side just switched net short. This looks like a good candidate to trade long.

Check out the Euro Long Change compared to short:

Here's the chart


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