Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
KC Daily direction confirmed after inside bar broken to the downside.
The flag formation now broken, for now it looks clear price will move lower, support at 12350 followed by 12200.
The instant selling makes me think of new capital was entering the market on "new year hopes" and now get the pressure of a stronger DX.
Has anyone done a KC systemtest on inside bar and NR7 breakout ( inside bar and lowest range of the seven latest tradingdays ) ?