Wednesday, March 1, 2017

Cocoa (update)

The Feb 15 low @ 1889 was taken out today and in the process it voided out the high close doji pattern.  However, we made a new doji pattern today signaling some indecision.  The pattern becomes void below 1840, so tomorrow will be key.  Are we forming a double bottom pattern? Or was today a pause before making further lows?

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