COTTON Supply Demand Analysis ShortSee Picture for analysis but with HTF correlation I'm thinking price will go down.
CTNUSD trade ideas
Cotton CFDs headed up to come lower? Cotton could be on the verge of a bullish correction before heading lower again.
Cotton Cash Contract - Rectangle PatternCommodity: Cotton Cash Contract
Introduction:
Hello everyone! Today, we'll be analyzing the Cotton Cash Contract on the daily scale traded on Pepperstone. After a clear downward trend, the contract seems to have entered a consolidation phase, possibly forming a rectangle pattern.
Analysis:
The rectangle pattern we're observing has been forming for around 196 days. The upper boundary of this pattern is approximately at $90, which has been tested three times so far. Meanwhile, the lower boundary is at around $77.50, with two touch points to date.
Currently, the price hasn't managed to cross above the 200 EMA. However, if we observe a breakout above the upper boundary, it would place the price above the 200 EMA, potentially paving the way for a long entry.
Upon a valid breakout, our projected price target would be $100.660, translating into a potential price rise of approximately 13%.
Conclusion:
The Cotton Cash Contract's technical analysis suggests a consolidation phase marked by a potential rectangle pattern. A breakout above the upper boundary might signal a shift to a bullish trend and could provide an opportunity for a long position.
As always, be sure to conduct your own research and risk management before investing.
Thank you for tuning into this analysis. Please like, share, and follow for more insights into the market. Happy trading!
Best regards,
Karim Subhieh
easyMarkets Cotton Daily - Quick Technical OverviewDisclaimer:
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Cotton price looking bullish after breaking above 50 day SMATODAY’S MARKET IDEA:
Cotton price looking bullish after breaking above 50 day moving average
Cotton vs US Dollar current price $88.25, both rate of change 4 and 13 day above zero line (bullish); MACD above its signal line (bullish) and the fact that current price is above both its respective 20 and 50 day moving averages indicate bullish technical conditions, upside potential for longs in the short term (1-25 days) at $95.87 (38.2% retracement from its 13 week low) provide price can remain above the $86.2 support.
Not investment advice. Past performance is not indicative of future results.
Cotton LongWeekly 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
Cotton Supply And Demand TradeHello friends. We have carved out a niche for ourselves within the mean reversion of supply and demand in the commodity space, and we love trading these setups because they have fundamental drivers that make them very likely to play out. We linked an idea with a better explanation of why this strategy works.
How to trade this:
Long cotton
Short DBC
Thanks for playing.
COTTONSHORT -
RSI Divergence on the Weekly Chart with 50 Cross.
Trend line break with a failed retest.
Target Price 95c
cotton COTTON CASH CONTRACT
the rising trend continues within the channels and the bottom points are drawn, the contract is expected to rise
CFDs on Cotton short ideaEMA crossover with distance indicating a heavy movement (10&20), MACD bellow 0 with distance. Hoping to enter on the correction move with my SL protected by the zones indicated by the rectangles. Charts look bearish on higher time frames
Long CottonCotton long signal. As with the USDCAD trade published earlier wait for confirmation by the slow MA
The fluffy white won't be falling anytime soon...hint bullish ;)Hey guys, I'll get stright to the point! Cotton looks really bullish to me :D The better part of this year we have seen some bullishrallies, but nothing that has really taken us out of the 77-83 range. While other commodities have shown strenght or declined Cotton has done...not much. When I see that I start to think we are getting ready for a bigger move! Right now I'm watching for a big move through the first obejective at 87. That would give us a breakout above the yearly high and when that happens I think we could see 90, 94 in the cards for a solid bullish year. While that might be a some time off, we can still watch to see how strong the current bullish trend is. And think about getting positioned if the move does come ;)
Right now I dont have a trade, but my wheels might start turning if we return below 84, even briefly ;) What's your opinion? Wre you as bullish as I am? And if you're not, thats cool, just share your ideas and let's learn together!
Peace, love, and sweet bamboo,
tbp
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
Cotton setting up?Whats up tradingview commnity? Last time we talked about cotton I mentioned that I would be looking for a buy if we got below 84. And well we did...was kinda scary wasn't it? Shot down there like it was gonna reverse or something (still could ;) But like I mentioned in the previous post on cotton, in an environment where it should be going lower, its holding onto its rage. So I'm positioning for a long higher. While its still to early to see if it will be a big sustained break out, I do think we will pop up into 87 from where we are now. If we keep going, awesome hold it and ride it while its hot! if not, it's still a nice little trade. So once again, the 84 figure is where I'm looking for an reaction. Lets see how it goes!
What's your opinion? Are you as bullish also? And if you're not, that's cool, just share your ideas and let's learn together!
Peace, love, and sweet bamboo,
tbp
Note: All ideas expressed here are presented solely for learning and educational purposes only. Any gains or losses assumed by trading ideas presented by The Bad Panda are done so at your own risk.
Cotton find long term resistance out of wedge reversalCotton has been fairly range bound after its fall from grace in 2011.
If the wedge continues through the long term downward resistance, I see difficulties breaking above 0.9445 with the possibility to short into 0.5707
Watch levels around 0.8601 to confirm downward movement.
Cotton Still in Consolidation Mode 87 big levelWe are not very excited about Cotton so far .
Unless it manages to break the 87 level , we still think it will be in a consolidation mode till mid/late January of 2019.
The cycles are positively configured , and there is a positive momentum with higher highs and lows but nothing to write home about.
We will be watching this market closely for any breaks of the 87 level even though on near term is shows its hitting some resistance and it may correct the next few weeks
before starting a new rally phase.
Global stock forecast cut bullish for cotton pricesUS Department of Agriculture revised its world cotton opening stocks downwards by 900,000 bales for April, according to the WASDE report. At the same time the USDA downgraded its forecast for world ending stocks for 2017-18 by 600,000 bales. Lower world inventories are bullish for cotton prices.
On the daily timeframe the Cotton: D1 has been retracing following the decline after hitting four-year high in the beginning of March.
The Donchian channel indicates no trend yet: it is flat.
The MACD indicator is above the signal line and the gap is widening, this is a bullish signal.
We expect the bullish momentum will continue after the price closes above the upper bound of the Donchian channel at 0.8393. A price point above that level can be used as an entry point for a pending order to buy. The stop loss can be placed below the fractal low at 0.7852 After placing the pending order the stop loss is to be moved to the next fractal low. Thus, we are changing the profit/loss ratio to the breakeven point. If the price meets the stop loss level (0.7852) without reaching the order (0.8393), we recommend cancelling the order: the market sustains internal changes which were not taken into account.
Technical Analysis Summary
Position Buy
Buy stop Above 0.8393
Stop loss Below 0.7852
Cotton ScalpPrice momentum divergence on the intraday chart, suggesting a correction to Cotton.
Target is supporting trendline. Stop is 1 tick above the recent high. Risk Reward is 1.8 :)
COTTON BUYCotton has been bouncing off support since July and I have been waiting for a breakout to buy.
COTTON is in accumulation phaseCOTTON is in accumulation phase
in the short term it should break the congestion area (68-69.5)
and climb to test the pullback line in the area (70.5-71)
You can enter long if close an hourly candle over 69.328 cents
bringing over only in the case that in the day exceeds 69.78 cents
otherwise close and try again the next day
XiNiaN 4 - Trading System - V. 2.9.1 - Medium/Long Term Period - (Time Frame: 1 H)
COTTON CTZ17 - Dec '17 68.450
FLAT since 12/09/17 to 70.321
LONG Above 69.328 Stop LONG se close daily <69.78
SHORT Under 67.504 Stop SHORT if close daily> 67.05
Cotton - Cushioned Fall Cotton has been falling for the past few months. Signs of consolidation and lost of steam has begun. Before we go into the charts, a brief summary of what we see empirically - Prices tend to bottom out around August. Immediate low presents a strong support due to historical hits and fib hits.
RSI and MACD has indicated buy signals. Confirmation upon;
1. Positive engulfing, breaking up from the consolidation (0.695).
Trade details
SL: yellow region below current price indicates strong resistance;
Partial profit: short term at boarder of green rectangle. Fib retracement levels coinciding with previous lows
Duration: 3 months at least
Best Trades^^
Cotton Short SetupThis is a very ideal setup that i always take. We see a pullback then a reaction from one of the range level closings below the 10EMA, it simply is telling us the sellers are going to push this back down again! good luck!
