NP just use the first chat and and you the appropriate longer time from and loog for the correlation to the large speculators.
For example trading the monthly chart use the semi-annual and annual charts for support and resistance. Then see what COT says, You may if not already check the correlated commodity (and I consider currency a commodity) for correlation…
I happen to trade from the outer bands in to the mean however some prefer to trade from the mean outward. It just makes more logic and safe to trade the mean reversal because it has a much higher probability of a winner. And as the trade moves back to the mean I will scale in as my Risk management allows.
That’s said I have only tested this with good results from the weekly chart inwards and just this week starting on monthly charts.