Coffee long again with 225$ target

Coffee C FuturesICEUS

Description

⋅ Oct 26, 2021 2:42 PM

another low risk entry for coffee long above prior day high on an uptrend (above 18 moving average)

stop is at prior days opening price, so risking 4.5 points in order to archive 21 points is a about a 4.6 R trade...

Trade closed: target reached

⋅ Nov 20, 2021 1:12 AM

236$ target reached

Support and Resistance

Comments

Divergencify

⋅ Nov 16, 2021 10:47 AM

Congratulations! Can you make an update to the analysis?

responsibletrad8r

⋅ Nov 20, 2021 1:13 AM

@forsakenUnicor22080, i think its time to take profits

Divergencify

⋅ Nov 24, 2021 8:13 PM

@zweiprozent do you think it will retrace in few days?