COTTON is in accumulation phase
in the short term it should break the congestion area (68-69.5)
and climb to test the pullback line in the area (70.5-71)
You can enter long if close an hourly candle over 69.328 cents
bringing over only in the case that in the day exceeds 69.78 cents
otherwise close and try again the next day
XiNiaN 4 - Trading System - V. 2.9.1 - Medium/Long Term Period - (Time Frame: 1 H)
COTTON CTZ17 - Dec '17 68.450
FLAT since 12/09/17 to 70.321
LONG Above 69.328 Stop LONG se close daily <69.78
SHORT Under 67.504 Stop SHORT if close daily> 67.05
in the short term it should break the congestion area (68-69.5)
and climb to test the pullback line in the area (70.5-71)
You can enter long if close an hourly candle over 69.328 cents
bringing over only in the case that in the day exceeds 69.78 cents
otherwise close and try again the next day
XiNiaN 4 - Trading System - V. 2.9.1 - Medium/Long Term Period - (Time Frame: 1 H)
COTTON CTZ17 - Dec '17 68.450
FLAT since 12/09/17 to 70.321
LONG Above 69.328 Stop LONG se close daily <69.78
SHORT Under 67.504 Stop SHORT if close daily> 67.05