Long
COFFEE came close to target (139.80)

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
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.