cotton might give a chance

Cotton price is now squeezed within a small wedge and short bollinger band width indicating price is ready for a breakout. Of course we do not know the way of the breakout yet but price above 200dma is a very basic indication that daily trend is still up. saying that we will look for breakout and take position accordingly.
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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.