cotton 12k$ gain/contract after a nice head and shoulder patten
it took only one week for cotton to fall 12k per contract
entry was either after a day with high percentR indicator value or simply in the 50-61.8 % rally zone.
entries on 2 hour chart where on new low with trailing the take profit stop at prior 2 hour bars high.
now lets see if prices will fall further to the 2022 opening at 93$
entry was either after a day with high percentR indicator value or simply in the 50-61.8 % rally zone.
entries on 2 hour chart where on new low with trailing the take profit stop at prior 2 hour bars high.
now lets see if prices will fall further to the 2022 opening at 93$