Cotton´s correction over ? Continuation of downtrend
Seems like break out of falling wedge, almost identical move like in December 2018. My target is on POC, 68 dollars.
Trade wurde manuell geschlossen:
The reaction from the wedge was nice, however the buying volume is quite strong right now and also COT report becoming very bullish - so I think it´s possible, that we will broke that strong trendline and downtrend may be over.