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TFC Commodity Trading Forum

CC: Another Fractal Pattern *PIC*

A couple of years ago Cocoa had a 3 Peaks and a Domed House pattern.

CC (stock symbol NIB is shown here) started with a choppy #1 thru #14 sequence.

There was a shakeout from #10 to #14.

A quick spike goes to #15. This leads to the required head and shoulders top at #20 thru #25

Voila! Like a magnet, price returns back to #14.

Another amazing fractal.