Coffee Dxy Oil

12 февр.

2.12.24 I thought the dollar would correct lower and it did but it could only go to a support area and then it found some buyers... so if I'm looking for the metals to go higher because the dxy went lower we're going to have to wait for some new bars. This is no big deal. Likewise, I thought that oil would go lower and it did But it tested a potential support area.... so we talked about that. I decided to talk about coffee because he gave me a chance to frame the chart and to show you that I would be looking at a range box to help me decide with any trade decisions and that this could be a tradable market because the vertical range of a range box makes it a viable trade as a buyer or a seller depending on trade location. If you can find a good range box with a decent vertical range, Don't be disappointed by this because it's not trending... these range boxes can set up to give you very nice reversal patterns it may be shorter term but they can give you nice rewards as a buyer and a seller.