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LEONES
Jul 28, 2017 11:59 AM

Cotton December future CTZ17 - Gann projection Short

Description

Cotton finding resistance at the 1/2 Gann line. Likely to resume the bear trend towards the 1/1 bear Gann line. Probability H

Order cancelled

Cotton still moving higher - probability changed to medium. Waiting for a better opportunity
Comments
Olu
I am still looking lower. However I agree with you that this upmove has been stronger than expected
LEONES
@Olu, yes possible test of the 4/1 gann line 72.20
Olu
@LEONES, nice downside price action today
LEONES
@Olu, yes i have seen but difficult to enter here
Olu
@LEONES, I suppose that depends on individual trading methodology. According to my rudimentary EW count we are just finishing a wave 4. Now looking for a wave 5 down to lower lows
LEONES
@Olu, can you show me the chart?
Olu
@LEONES, Will try and put up something when I get home. still at work right now
LEONES
@Olu, missed damn...!
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