COFFEE came close to target (139.80)
In the last session we reached 138.90
very close to the medium-long term target I had given
Could this be a relative maximum?
We will see it in the next session
If it loses S3 = 136.15 it means it was the relative maximum
and it is advisable to close all positions because they will most likely follow
a downward turn to zone 134
Could also decide to go up to test R3 = 140.75
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
In the last session we reached 138.90
very close to the medium-long term target I had given
Could this be a relative maximum?
We will see it in the next session
If it loses S3 = 136.15 it means it was the relative maximum
and it is advisable to close all positions because they will most likely follow
a downward turn to zone 134
Could also decide to go up to test R3 = 140.75
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20