Weekly engulfment and using the COT report there is an area where commercials and non commercial players in the market have crowded the market.
After the weekly engulfment i used a pull back to go long on the AUD futures
The weekly engulfment was caused by the US NFP report, currently waiting for the CPI report as we speak this week
After the weekly engulfment i used a pull back to go long on the AUD futures
The weekly engulfment was caused by the US NFP report, currently waiting for the CPI report as we speak this week