Cotton No. 2 Futures

COTTON // rangebound martket

143
The market made a nice impulse up on the daily, and the correction of this long impulse brought the market into a range.

A break from this range may take the price higher into correction or deeper in the direction of the primary trend, but I would take profit on the short trades at the start of the daily corrective impulse, and wait for a countertrend to target the fibo target zones and the weekly north breakout.


Trade safe! ⚪️⚫️


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ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter.
WE JUST REACT!


Remember that trading is a business.
SIZE your TRADES according to your risk aversion!

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