MCX COTTON BRAKING OUT TRADECOTTON BRAKE OUT FROM THE LONG TERM RESISTANCE. SOME WHAT SIMILAR TO THE INVERTED HEAD AND SHOULDER.
LET SEE HOW IT DEVELOPS.
MCX
Crudeoil to be in range with a CUP of CoffeeCrudeoil is to be in range for some days . it is being in tight congestion zone for more than 2 weeks and recent make of lower high and higher low sends the signal of confusion in the market , thus a rangebound movement is expected.
Further a Cup and handle kind of formation has taken place which can give upside breakout