Price has continued to stay on the top of pink median line. Look for price to break out soon, as we have been consolidating for a while now. The upper median line pink parallel has been holding as minor support, and the 2273 level has been holding as major resistance.
Price is starting to fall on the fork below the 2260 area . Look for 2253 and 2239 as potential areas to stop.
Price has stalled in a range and retested 2273 but could not go higher. Watch for kprice to break out.
Price has stalled at 2273 area and is now resting on the upper median line parallel. See if price can get above 2273 and hold as support.
Coffee has doubled its range down to the origin/ ignition of the Jun-Nov rally. Price is primed for a long move to the median line. What makes this compelling is a cheap stop can be had below structure (under $17.88). Buy the breakout of past 3 bars or wait for retest.
Price has held at the 2260 level, but is having problems getting above he upper blue median line parallel. Look to see if we can break 2269 and 73-77 area or if we drop from here. Price is showing a range and consolidation so don't be surprised for a big move soon.
Price has continued to bounce on the middle blue median line to the upside. It looks like it may try to break 2273 area agai. Lets see what it can do.
Price has used the top of the pink median line as minor support. Look to see if it can break down,of ir it will break 2273 and retest as support.
Price has bounced multiple times and is starting to lose energy and drop. To see real weakness we need to break 2260.
Price is still in opposing forks, but the pink fork frequency is pushing price down, so we have to see where it breaks to, up or down from here. We don't have a trend, merely ranging here.
Price is still hanging near 1173, but is coming off of high. We need price to break 2273 ad retest as support to continue uptrend. Look to see if price can get back into pink fork and drop, or if it will break the high and continue. Price is still in the blue fork, but we are slowly losing energy to the upside.
Price is holding at the support here around 2260. Look to see if price can get above 2269 and 2277 area or if it will fall further from here. If price drops lower we could see 2240 area.
Price has continued to bounce on this middle median blue line. Look to see what price does here to see if we will drop or hold here and break 2273 and go higher. We are in a large coil, consolidation, so look for a price move shortly.
Price has started to fall at the resistance area near 2273 which I have mentioned over the last week. It really is not a surprise at this point. We were looking for price to break through and retest or fall from this area as it has. It has also formed a sliding parallel wwith the same frequency as the pink fork.If it can drop from here and fall back into the...
Price came down and touched the middle median line as well as the support near 2250 and 50% Fibonacci retracement. Look to see what price does here near the resistance zone, but it looks like buyers have started to move price up to try to break through.
Price has come back up to resistance near 2273. Price is trying to break out now to the upside. Look to see if price will break and retest here or if it will drop. I drew in a new blue width fork.
Price testingagain the resistance near 2273. Looking for price to see what it will do. Looks like it wants to consolidate for all of this week.
Price has dropped down to from the highs near 2273, to take a first stop at 2247. Look to see if we can break this to continueto 2243 and 2233 to show more bearish attitude, otherwise we are still in consolidation phase.