Cotton has been on a bearish run since the end of April 19. The bears' domination is set to continue, as seen by the Double Bear Flag patterns recently established. I'm currently short on the trade as I feel that the current Bear Flag action has come to an end. This is supported by prices breaching support levels and the formation of an Evening Star Pattern at...
A trend-followers analysis of this Cotton Futures price action. By request. premium.crackingcryptocurrency.com
Possibly bottomed, but 1 more leg to retest the bottom.
Hi 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...
With 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...
Cotton Bullish Pattern Breakout with Rectangle Base with False Break Down and Flip Pattern (Highly Reliable Pattern to reach the target of 1x Box Height)
Seems like break out of falling wedge, almost identical move like in December 2018. My target is on POC, 68 dollars.
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...
Simple 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!
I 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).
There 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.