Since March, we are following the $COFFEE, because we are interested in the price of coffee grains. Until now, the 50% retracement is working fine so primary? wave 4 is in place?.
Wednesday, March 28, 2012
Coffee: EW count, updated.
This is an update to our post from march 7. We can see that the 50% retracement has been reached,in the monthly chart and in the daily chart we can see a possibility that the retrace is finish,in case this is a wave 4 or a pullback is due for next months and then continue it's way down.
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