easy · Order Flow Analysis absorption-exhaustion-imbalance
A 5-minute bar in Euro FX (6E) opens at 1.0950, reaches a high of 1.0965 where 800 contracts trade at the ask, and then closes at 1.0952.
Where is the Commitment of Traders (COT) for this bar?
- At 1.0965, creating a bearish COT-at-high signal.
- At 1.0950, because that is where the session started.
- At 1.0958, representing the midpoint of the bar's range.
- At 1.0952, because that is the most recent price accepted by the market.
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