The Non-commercial are 3 to 1 long to short as of the last COT. Recently the dollar has sold off I see this as profit taking. Now I see a pullback setup on the D1 that has hit the 50% Fibo. I 'm taking the trade on the 4h.
SL @ 100.75 TP1 @ 103.65 TP2 @ 104.86
SL @ 100.75 TP1 @ 103.65 TP2 @ 104.86
Trade active:
Reduced position by half ahead of US CPI data
Trade closed: stop reached:
Stop moved to 103.60 and was hit So I'm flat on the Dollar
