October 08, 2020 at 03:45PM

• Cotton rising inside impulse waves (iii) and 3

• Likely to rise to 68.90

Cotton continues to rise inside the short-term upward impulse wave (iii) of the medium-term upward impulse 3 from the start of August.

The impulse 3 belongs to the longer term upward impulse sequence (C) from the end of July.

Given the strong multi-month uptrend – Cotton is likely to rise further toward the next resistance level 68.90 (former monthly high from February).

Continue Reading…

From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/cotton-wave-analysis-8-october-2020-20201008/
Selected by fonecable.com

Search Web: Cotton Wave Analysis 8 October, 2020

Recent Posts


Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

Leave a Reply

Your email address will not be published.

Chinese (Simplified) ZH-CN English EN French FR German DE Spanish ES