Daily cotton analysis A long position with the target and stop loss as shown in the chart The trend is still going up, when any official exit from the deal, I will send immediately the initial target has been shown in the chart
Daily cotton analysis Sell trade with target and stop loss as shown in the chart Given an oversold signal, we may see a corrective drop
This is HUGE! #Cotton No. 2 futures are bouncing hard on a "wall" (previous resistance turned support). This is different than previous 2 times it was above it's wall (where it failed) Watch to see how high this bounce goes. Could be leading indicator for #silver. #fintwit
* The purpose of my graphic drawings is purely educational. * None of what i write here is not an investment advice. Please do your own research before investing in any asset. * Never take my personal opinions as investment advice, you may lose your money
Daily cotton analysis Sell trade with target and stop loss as shown in the chart In my opinion, it is still in a corrective decline
The cotton market was in a steady up-trend for most of the first half of 2022 and broke down sharply from overbought levels. Since the low in mid-July, we have seen a nice rebound off an inverse head and shoulders pattern, and we have continued higher through some critical resistance levels. The market is now testing the 50-day and the 200-day moving average as...
Daily cotton analysis Sell trade with target and stop loss as shown in the chart We may see a drop after it breached the ascending trend line
Daily cotton analysis The sub-trend is still on the rise, targeting the price shown in the green line, a first target and a second target, from which we can see a drop
Daily co analysis A long position with the target and stop loss as shown in the chart The trend is up, after it breached the descending trend line, it came back to test the rising trend line from it, we may see a strong rise.
According to D1 chart wanna leave some interesting opportunities that offer on cotton market. seems that "DOUBLE BOTTOM" at 88.50 around keep supporting??? at least for now. however i'm just took my place for two target as shown on chart. watch carefully those arrows and make your own decisiones. don't read just number on what i'm wrote take look at chart. Good Luck
Daily CT analysis A long position with the target and stop loss as shown in the chart The trend is up, after it breached the descending trend line, it came back to test the rising trend line from it, we may see a strong rise.
it took only one week for cotton to fall 12k per contract entry was either after a day with high percentR indicator value or simply in the 50-61.8 % rally zone. entries on 2 hour chart where on new low with trailing the take profit stop at prior 2 hour bars high. now lets see if prices will fall further to the 2022 opening at 93$
July cotton futures collapsed on first notice day, which is generally a thin volume trade with no limits. This will be one for the books and a nice reminder that if you don't want to deal with delivery of futures, you should strongly consider rolling or flattening positions before first notice day.
Since the May 17th highs, we have seen December Cotton in a downtrend. Looking at the formation of a head and shoulders pattern, there was a breakdown below support at 117.96, and prices have continued to grind lower. With the market currently right near the 200-day moving average, and the RSI indicating we are in oversold territory, there could be a nice rebound...
Daily CT analysis Sell trade with target and stop loss as shown in the chart The downtrend is back to test the falling trend line, we may see a lot of downside
Daily CT analysis Sell trade with target and stop loss as shown in the chart
On this stock, as you see on the chart, we will have a big probability of a downtrend.thanks.
Friday had a massive correction on the may heating oil contract, but the june contract continued trading higher on monday. Positions are now protected with a breakeven stop, lets see if these markets can go high in this volatile week...