Dual AB/CD, Tight PRZ
In light of my long term potential bearish shark [a prior post](currently around "C"),
I believe there is a long bias for months to come in Beans. Thus, opportunities
to get long should be sought. We have an AB=CD and an AB x 1.272 = CD tightly
confluent just ahead. This could certainly be viewed for a potential short. I
view this as an alert that a pullback may be forthcoming, and offer a long setup
opportunity. Both may in fact be ahead.
I believe there is a long bias for months to come in Beans. Thus, opportunities
to get long should be sought. We have an AB=CD and an AB x 1.272 = CD tightly
confluent just ahead. This could certainly be viewed for a potential short. I
view this as an alert that a pullback may be forthcoming, and offer a long setup
opportunity. Both may in fact be ahead.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.