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Cotton : New Bearish Impulse Is Underway

Correction seems to be completed on the Daily graph of Cotton, because price made a sharp action to the downside resulting in three impulsive red waves. Currently price is trading in red wave (3) that could reach levels between 57.40 - 58.20.

Link to our previous charts:

COTTON : More Upside Within Big Corrective Rally

Cotton Update II: Cotton Could Move Higher In Days Ahead

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