 |
click to enlarge |
Coffee has broken the initial cloud break and the 52 bar has crossed through the 26 and 9 price bars ....but.... has not confirmed by breaking the cloud its self. A lot of times when the 52 breaks the cloud there will be a pullback to test the cloud support, I can see where this would be the case because of lack of a bottoming pattern. (ie double bottom,wedge,etc.). The wave configuration as you can see is so far looking like a x,a,b,c.
No comments:
Post a Comment