Bullish washout and bears should be throwing themselves over coffee.
However, I see major support here and upward movement for some months before a new, major drop. Let's see. Entered some coffee at 130 today.
However, I see major support here and upward movement for some months before a new, major drop. Let's see. Entered some coffee at 130 today.
Comment:
3 % rally on coffe-futures today. I entered a bit too early in this trade, but it became green. Sold the position with profit and looking to re-enter in the start of next week after some pullback to verify the bottom.