Cotton Long
Updated
Weekly RSI breaking through 50
Resistance being tested at 1.15 SR Flip and 21 WMA / 200 DMA
Price has pulled back to fib 23.6 on the Daily Chart.
TP 1 - 1.30 (swing high)
TP 2 - 1.50 (year high)
Risk - 1x Daily ATR below prior day low
Resistance being tested at 1.15 SR Flip and 21 WMA / 200 DMA
Price has pulled back to fib 23.6 on the Daily Chart.
TP 1 - 1.30 (swing high)
TP 2 - 1.50 (year high)
Risk - 1x Daily ATR below prior day low
Trade closed manually
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