ProSignalsFx

COFFEE REVERSE H&S PATTERN| TRADING PLAN|

ICEUS:KC1!   COFFEE C® FUTURES
COFFEE has reached a confluence of strong support lines, so I am looking for a long opportunity.
Now, we can see that there has been a breakout of the downwards channel resistance upwards
This breakout was also a breakout of the neckline of the reverse head and shoulders pattern.
Now, we are waiting for the 4h candle to close ABOVE the neckline and we are going long from the pullback.

Sl below the right shoulder high. Two take level are the two resistance levels that you can see on the chart.

Thank you for watching, like and subscribe so that you never miss a new video!

See you next time!

✅ FREE Telegram channel: http://t.me/prosignalsfxx
✅ Instagram: https://www.instagram.com/Pro_Signals_Forex/
✅For VIP SIGNALS contact:
http://t.me/prosignalsfx_contact
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.