Watch bullish breakout on daily! Increasing momentum

ICEUSA:CT1!   Cotton #2
61 0 3
As I posted on Twitter, I bought Cotton             Dec/15 futures contracts in last few days.
I see the charts firming bullish .

- Neutral Ichimoku . Price still ard 62-63 long term equilibrium (52 weeks average)
- Heikin Ashi showed hesitation last week, but it may give a new bullish wave signal this week. It is only tuesday, but haDelta/SMA3 above zero is promising
- Price will likely trade up in the previous range, possibly targetting 66-68 area
- Watch Price action around 100 WMA! In case we see more than two weeks candle closes above that, later any dip will be a buying opportunity as chances for a long term strategic bullish reversal would increase (but now it is a bit early to guess this scenario)

- Price attempts a Bullish Kumo breakout! Ichimoku is turning bullish . Confirmation and likely bullish acceleration would happen with a trade above 64.
- As I posted on Twitter, yesterday price action was very interesting. Some tried to push it down again, but by end of day it closed on the top -> Bulls getting stronger, Bears may be grilled soon.
Today Heikin Ashi is firm bullish , with higher high, longer body with no lower wick indicates strong momentum gain!

Size up longs!
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out