This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Wednesday, 26 March 2014
Coffee
Holding above the 50% is bullish although its not a confirmed low yet
Hi ChartRambler I think coffee might be doing an abc correction in EW speak. So price might go up in the interim and then tank to 150 area. And then take off again. Of course if price moves up from here past the old highs straigthaway my idea is rubbish
Hi ChartRambler
ReplyDeleteI think coffee might be doing an abc correction in EW speak. So price might go up in the interim and then tank to 150 area. And then take off again. Of course if price moves up from here past the old highs straigthaway my idea is rubbish
Hi Olu Thanks .I was thinking maybe drift down to the 50% line and next angle,maybe take 5-6 days to do it then rally.Watching 45 days
Deletehttp://a.disquscdn.com/uploads/mediaembed/images/915/5513/original.jpg?w=800&h
ReplyDeletebear flag ?