MoneyballAustin

COFFEE Overextended Supply-Demand Analysis

ICEUS_DLY:KC1!   Coffee C Futures
Overextended Market
-Price created many RBR in a row which
gave us the ability to draw aggressive upward ML.
-Market overextended and potentially elastic band effect.
-Price broke aggressive ML
-Price removed 2 opposing RBR demand
Am not too sure about a HTF (W or D) but I still
nice little RBD that could also be used as a HTF

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