Long
COTTON : More Upside Within Big Corrective Rally

Cotton is trading in a correction after a 5 wave structure to the downside. The correction may reach the fibo level of 0.382, at blue wave 4 termination point. That said price may reach higher levels to around 72 - 73.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.