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Cotton Futures Reversal (MCX)

Long
tradewidmufeeth  
MCX:COTTON2!   None
Chart Patterns Trend Analysis Technical Indicators Cotton commodity futures contract MCX INR binaryoptions
2
0
chartpattern trendanalysis indicator cotton commodity futures contract mcx inr binaryoptions
The commodity has broken out long back and retested now, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
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