Price target 67.60 by August 17. Stop loss on a CLOSE below 58.50.
Please do remember that futures trading involves a substantial risk of loss and is not suitable for all investors.
Please do remember that futures trading involves a substantial risk of loss and is not suitable for all investors.
Trade active
Target hasn't been reached on time but cycles continue up for a while. I expect it to reach there by early September. Hold long and move the stop loss to a close below 62.Trade active
Price target raised to 68.90Note
Cotton never got a close below 62 and continues on a buy signal. We are long since 60 and I expect 68.90 to be reached in the two upcoming weeks.Trade closed: target reached
Take profit now.Note
68.90 was reached, but since no one cares about my analysis I stopped monitoring.
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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.