TheArtOfCharting

COFFEE - ASCENDING TRIANGLE + FLAG

Long
ICEUS:KC1!   Coffee C Futures
═════════════════════════════════
Since 2014, my markets approach is to spot trading
opportunities based solely on the development of
CLASSICAL CHART PATTERNS


🤝Let’s learn and grow together 🤝
═════════════════════════════════
Hello Traders ✌

Possible higher target for Coffee Futures (continuous
chart shown) if prices resume uptrend after the 2
months correction Flag. I would consider this
opportunity only If I were already long based on
the previous Ascending Triangle but not otherwise.

🔎🔎🔎 ALWAYS REMEBER
"A pattern is NOT a Pattern until the breakout is
completed. Before that moment it is just a bunch of
colorful candlesticks on a chart of your watchlist"

═════════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal
opinion and it is posted purely for educational
purpose and therefore it must not be taken as a
direct or indirect investing recommendations or
advices. Any action taken upon these information
is at your own risk.

════════════════════════════════
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.