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AlbionTrader
Jan 23, 2017 3:14 AM

Coffee still LONG Long

Description

Coffee moving gracefully upwards both on H4 and D1 does not show signs of trend change at the moment.
Did this analysis on Thursday and forgot it there without entering the trade... well done!
Comments
AlbionTrader
No particularly a fan of Fibonacci Expansions, but the price is rightly at a 100% Fibonacci Expansion taken from the lowest point before the trend reversal (28 Dec).

I will keep a strong edge to avoid taking action even if our will is calling for it.
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