Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: coffee waves Ck TRGT #
In Response To: Re: coffee waves Ck ()

trgt numbers for dec coffee:

161.60 - 165.60 are trgts if 179.50 was the high for w2

169.90 support if we are looking at the w4

- also appears to be a triangle on the 60 min chart ( triangles usually form on w4's a break down of the triangle puts it 171.50 area and higher will be the start of the 5th wave to 183.55 will keep watching but may be inclined to take a shot on the upside at around the 171.50

CK