Re: covfefe... *PIC*

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.

Trouble Ticket Forum Policy

Return to Index Read Responses

TFC Commodity Trading Forum

In Response To: Re: covfefe... *PIC* ()

daily chart...the price bounced and came back to the bottom of the black uptrend line...I call these a bow tie pattern. Most of the time I look for this to be a test of the trendline that will results in a turn back down. Doesn't always come to fruition but it's something to be aware of. If price climbs back on top of the trendline...no dice.

Time will tell.

Messages In This Thread

Trouble Ticket Forum Policy

Return to Index Read Responses