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Paraman666

Cotton´s correction over ? Continuation of downtrend

Short
Cotton No. 2 Futures (ICEUS:CT1!)  
Paraman666 Updated   
ICEUS:CT1!   Cotton No. 2 Futures
Trend Analysis
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trendanalysis
Seems like break out of falling wedge, almost identical move like in December 2018. My target is on POC, 68 dollars.
Trade closed manually:
The reaction from the wedge was nice, however the buying volume is quite strong right now and also COT report becoming very bullish - so I think it´s possible, that we will broke that strong trendline and downtrend may be over.
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