Retrospective Cotton prices rise despite world crop upgrade | Technical Analysis #C-COTTON 2016-11-11 | IFCM
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Retrospective of Technical Analysis #C-COTTON From 2016-11-11

Cotton prices rise despite world crop upgrade

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Buy stopabove 70,23
Take profit78,3
Return on Investment +11,5%
Overview date2016-11-11
Date of the closing position2017-03-15/2017-03-27

The chart shows the real change of quotations after the publication of technical analysis on 2016-11-11. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

The chart shows the real change of quotations after the publication of technical analysis on 2016-11-11. The pending order from this analysis was executed and the position was opened. Next, we shall move the stop to the next fractal low following the Bollinger Bands and Parabolic SAR signals at the 4-hour charts. Thus, we are changing the potential profit/loss to the breakeven point. The position shall be closed when the price meets the Bollinger bands, the Parabolic SAR, the trend line and the fractal indicator.

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