( +$19) week19 Coffee WR2B trade from Double Top


A Monthly downflow shows fib5 resistance

week20 Coffee monthly resistance fib5 100514


Traded this WR2B.
Criteria that determined this trade:
Fib5 level acting as resistance
D1 shooting star
Subsequent bearish expansion candle over 2 weeks high
Price observation : price doji below wr2b but never closed above fib5

Trade outcome : +$19

week20 coffee d1 wr2b completed  potential DT 100514


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