COTTON: Buy Setup at Key Support Zone

Jan 23

COTTON is trading within a significant demand zone, marked by prior price reactions and a strong historical support area. This zone has previously acted as a pivot point for bullish reversals, suggesting a high-probability area for buyer interest.

I anticipate that if the price confirms a rejection within this demand zone, the market may move upward toward the 6,824 level, which represents a logical target within the current market structure.

If you have any additional insights or a different perspective, feel free to share your thoughts in the comments!

Jan 24

Trade active

Jan 27

Trade closed: target reached

Take Profit Hit