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TFC Commodity Trading Forum

Re: front coffee low 162.85, are we there yet, CK?

We may extend down a bit further as the c wave on the ABC zig zag still needs to complete.
Still watching right as of this moment.
A confirmation that the zig zag is finished would be a break over 177.50 178.00.

I usually start looking for a bullish candle of some kind before I take a crack at the long side.

Ill be playing the DEC contract. when I get the set up

Hope that helps
CK