Ziwox Academy How To Use COT Part 2/2 So a huge number of | ZiWox Global
Ziwox Academy
How To Use COT Part 2/2
So a huge number of BUYERS close their position and they Upset the balance of Supply and Demands in the market. with closing buy position, so the Long net position on a pair Decreased. On another side, there are a lot of people that have Short positions too. They need to close their position to take their profit. With closing, this type of trader's positions, the quantity of the short traders decreased. Now at this situation the Supply and Demand unbalanced. No Sellers at this situation and with adding some Buyers market make a big Correction. WE wait for this correction to Open a good position on a good Support/Resistance are in Upward/Downward trend
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