Cotton***Mid-long term long opportunityPossibly bottomed, but 1 more leg to retest the bottom.by fayleeUpdated 15
Cotton CT1! Idea LOnGHi there . The recent trading idea is for Cotton CT1! . After the last hard week now turns for a possible rebounce until the price of 72. This technical trade response immediately to oklahomas latest news about weather conditions. Oklahoma is the center of the biggest US cotton producers and US is the 3rd biggest producer in the world so maybe an upcomming decline in the supply of cotton worldwide. This scenario is also confirmed through a technocal scope of the unfilled gap until the price pf 72. Maybe yes ? Maybe No? This is only an idea. Invest with safety !Longby OmenFinance1
COTTON FUTURESWith price bullish and India to cut the inflow of cotton to equilibrating the flow of price.... we are seeing an increase in demand. however this cut is just for a limited period with major clothing companies on the IND50 index forecasting some slow in sales on cotton products. this will restrict the flow or goods. tariffs can also be catalysts as well as high levels of demand with high level of supply confirmed by cotton farmers. this fundamental case I see as a catalyst to affect price in the future... link below timesofindia.indiatimes.com From a technical perspective I am entering small positions and monitoring price at current levels. over all picture is showing influx of supply as well with long term targets to the demand zones for risk reward posted in above chart. lets see how the next couple of weeks play out for this short where we will have another long opportunity once this short completes. until then its patience and we will see how this plays out.Shortby kev1237033Updated 331
Cotton Bullish Pattern Breakout with Rectangle Base with FBDFCotton Bullish Pattern Breakout with Rectangle Base with False Break Down and Flip Pattern (Highly Reliable Pattern to reach the target of 1x Box Height)Longby TraderWorkFlow0
Cotton´s correction over ? Continuation of downtrendSeems like break out of falling wedge, almost identical move like in December 2018. My target is on POC, 68 dollars.Shortby Paraman666Updated 0
Short Trade Opinion fot Cotton ( CT1!)Hi guys. I hope my post finds you all well ! I post my recent trading idea specific for Cotton No.2 CT1!. As we see from digramm we are at a recent bounce back from the upper bollinger until the median, I expect that it will go as far as the lower bollinger with a target price at 72,20 $ . This opinion is confirmed also by ADX indicator which signs a short signal through that crossover from -DI and +DI. Also this opinion is confirmed by RSI which turned down through the last close of market and confirms the sell signal . So 3/3 ! I hope you find that usefull ! Invest with safety. Be well !Shortby OmenFinance1
AB=CD for 5th "touch" in rising channelSimple application of harmonics/channeling. Essentially (or similar) to a wave 4 in EW. Ride to 5, and look for the corrective turn back down. Up and back!by TAchartsUpdated 0
#CT_F $CT_F #Cotton - Bull spreadI built a calendar bull spread CTK19-CTN19. A possible entry is at the price -1,20 with SL -1,40 ($100/contract) and PT -0,50 ($350/contract). Longby sysatrading1
#CT_F $CT_F #Cotton - LONGThere is a possible oversold mood in the Cotton market. Around price 78 is repeatedly created a quite obvious S/R zone and I see a potential to price 85.Longby sysatrading1