TradeWaves-EWA

☕️Coffee futures (KC): third wave bull market.

Long
ICEUS:KC1!   COFFEE C FUTURES
●● Preferred count
● Coffee Cash (KC.C), 🕐TF: 30D
Fig.1

In Fig. 1, the wave count from 02/07/2022. At the moment, the market is in the initial stage of the development of the primary wave . The alternative scenario is the same — the continuation of the formation of the wave e of (IV), as it is marked in black.

______________________________________________
● Coffee C®️ Futures (KC1!), 🕐TF: 6h
Fig.2

The wave formed the shape of an expanding diagonal. There is another infrequent pattern on the chart — an expanding triangle at the position of the wave (X) of .

Growth is expected to continue.
______________________________________________
📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️

🆓 Больше аналитики в Telegram: t.me/freetradelife

📚 Учебно-методическое пособие (Elliott Wave Guide): t.me/elliottwaveprincipal

📚 Библиотека (Ellott Wave Archive): t.me/biblioewa
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.