The Monthly Candle Stick has formed an absolute Bearish Harami Pattern
Pattern Psychology
After a strong uptrend the Bears step in and open the price lower than the previous day's close. The price finishes lower for the day and the Bulls are concerned and begin taking their profits.
Trendyaa Strategy
Trendyaa Strategy
There was a gap to be filled @ 183 on 4th April 2014 , First the prices bounced from 165 , again drop to 176 -where we initiated a buy call for target "193" - As highlighted in the snap shot... Coffee Cleared the "183" Crucial Resis and overshoot the target 193 to test "203" but we were prepared for that... That Gap had to be filled..
Todays Fall Though Technicals Weekly & Monthly are strong - Shaking the Weaker Hands.. Bearish Harami is a PERFECT Ingredient
Yes of course, Our target "148" is active - but this ain't that fall - Bearish Harami Confirms Shaking the Weaker hands.. Those who trade on fluke get kicked out..
Each & Every Action Has a equal & opposite reaction - Coffee Aggressive Spike is Imminent targeting "228" -230 is the grace, may be *** from there 148 activates...
Trade Like a Band Wagon
Hope we have done exceptionally well in coffee from couple of months - She has earned lot for us & also the spread bet positions giving us momentum profits - hope it would not be a problem or there is no harm parking some money for the Margin..
Beat The Twist
Double or Triple your positions for rich Trading goal targeting "228" , don't close any positions anywhere else - its 228, if not the risk we take now wouldn't be worth it....
We remain a Buy 183 Target 228
Now @ 184.85
Reversal Strategy & Break down Pivot will be updated next week...
Trendyaa Strategy
There was a gap to be filled @ 183 on 4th April 2014 , First the prices bounced from 165 , again drop to 176 -where we initiated a buy call for target "193" - As highlighted in the snap shot... Coffee Cleared the "183" Crucial Resis and overshoot the target 193 to test "203" but we were prepared for that... That Gap had to be filled..
Todays Fall Though Technicals Weekly & Monthly are strong - Shaking the Weaker Hands.. Bearish Harami is a PERFECT Ingredient
Yes of course, Our target "148" is active - but this ain't that fall - Bearish Harami Confirms Shaking the Weaker hands.. Those who trade on fluke get kicked out..
Each & Every Action Has a equal & opposite reaction - Coffee Aggressive Spike is Imminent targeting "228" -230 is the grace, may be *** from there 148 activates...
Trade Like a Band Wagon
Hope we have done exceptionally well in coffee from couple of months - She has earned lot for us & also the spread bet positions giving us momentum profits - hope it would not be a problem or there is no harm parking some money for the Margin..
Beat The Twist
Double or Triple your positions for rich Trading goal targeting "228" , don't close any positions anywhere else - its 228, if not the risk we take now wouldn't be worth it....
We remain a Buy 183 Target 228
Now @ 184.85
Reversal Strategy & Break down Pivot will be updated next week...
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