Get started
COTTON NO 2 CFD
Long
Updated

COTTON: Buy Setup at Key Support Zone

COTTON is trading within a significant demand zone, marked by prior price reactions and a strong historical support area. This zone has previously acted as a pivot point for bullish reversals, suggesting a high-probability area for buyer interest.

I anticipate that if the price confirms a rejection within this demand zone, the market may move upward toward the 6,824 level, which represents a logical target within the current market structure.

If you have any additional insights or a different perspective, feel free to share your thoughts in the comments!
Trade active
Trade closed: target reached
Take Profit Hit
DanieIM
buysellsignalCottonsignalssmart_money_conceptsSMCsmctradingsupply_and_demandSupply and Demandsupport_and_resistanceSupport and ResistanceTrend Analysis
DanieIM

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.