Short
COTTON SHORT Supply And Demand Analysis
See picture for top-down analysis.
Higher Timeframe:
-Price reacting off of squeeze daily supply + higher timeframe trend = down/sideways
Lower Timeframe:
-1hr broke upward trend line + removed opposing demand zones and a nice 1hr RBD supply was created. Need pullback into 1hr supply.
Higher Timeframe:
-Price reacting off of squeeze daily supply + higher timeframe trend = down/sideways
Lower Timeframe:
-1hr broke upward trend line + removed opposing demand zones and a nice 1hr RBD supply was created. Need pullback into 1hr supply.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.