vlad.adrian
Long

Coffee - Trend is still up 2

ICEUSA:KC1!   Coffee
172 1 7
A while back I posted a chart on Coffee             and said that the trend is still up and I'm bullish on the longer term, but I wasn't so sure with the entry. Well, if I would have traded a futures contract, I would get stopped out because price retested the 166$ level, and made a false breakout below it. Now, it confirmed that it was only a false breakout, and we have a class A bullish divergence on the MACD histogram and lines. I expect a move at least to the previous high, but looking at the weekly I believe there is room for more. Weekly here
snapshot
and I believe it looks great!

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warmandfuzzy
2 years ago
Not sure on which of your charts to post since as far as im concerened, they all contain concludent, well thought out ideas and/or predictions. I am most certainly not in any position to comment however it is clear to me that if anyine will predict a profitable market opportunity it most certainly will be you. In my oppinion market analysis is not only about study, patience and being well informed but also about one's intuition and a certain amount of intellect and "finesse " regarding this field. Thank you for all your posts and be sure you are in the books to be the next big one. Keep it up and dream big;)
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