Flags and Pennants in Coffee Point Higher
With #technicalanalysis for #commoditymarkets, the key is to ask yourself is there a logical, #psychological phenomenon ? With #coffee this week we are seeing two classic examples of "continuation patterns". #Continuationpatterns are typically a consolidation before the #trend continues in the same direction. The logic and psychology behind #consolidation is pretty straightforward. Whenever there is a big move in one direction (the #trend), the appetite for buying or sellin