Follow Upon Fully’s former post – no not ‘former fully’ 😉

Here COAL with charted cycles. If COAL is HALFWAY pattern (as it went UP in 3 waves) then once BO of Bullish TRIANGLE as for Continuous pattern, COAL goes ballistic (!) As like with many other charts, an intermediate LOW for COAL is to be expected during 2023-Q1 which equals the ending of the Triangle. And I want to emphasize ‘intermediate’. Triangle NEEDS to Hold going forward. Potentially it will unlike many other commodities; Coal did not BO-Down and is still holding up. So looks good for coal going forward while Clean Energy and even Uranium are breaking down.

 

TA question:

  • from where should the next measurement of 762% be taken? From top of Triangle (600) of from bottom of Triangle (375)?
  • Anyone has a COAL chart with Long Term history? An alternative ‘ticker’? Where to find/download to chart away?

ADDED: playing with TIME: and seems to match ‘my’ currency charts like USD and XEU.

Coal still seems to have a GOOD long BULL RUN ahead of it! It actually seems just to have started.