• Cotton broke resistance level 81.90
• Likely to rise 85.00
Cotton recently broke the resistance level 81.90 (which reversed the price with the daily candlesticks reversal pattern Dark Cloud Cover at the start of this year).
The breakout of the resistance level 81.90 continues the active impulse waves (iii) and iii – which belong to the longer-term impulse waves 5 and (C).
Cotton is expected to rise further toward the next resistance level 85.00 (target price for the completion of the active impulse wave (iii)).
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
Today is Thursday, the 18th of December, and we'll be talking about the British pound…
Bitcoin remains stable near $87K, outperforming altcoins, while Solana faces key support at $120. Institutional…
This website uses cookies