Coffee Buy Idea @ Weekly Demand Zone (116.35 - 111.85) Buy Limit: 116.40 Stop Loss: 111.75 Take Profit: 127.50
Decade long triangle forming in coffee. Looking like a potential big trend on a break. Would need a roughly 10%+ rise from here to break it.
COFFEE Long Opportunity and Analysis -------------------- Elektro Analysis
Coffee has reached the top of the range and painted and nice piece of consolidation with two inside bars. A break to the upside could see price test the old high at the 144 area or a break on the low of the hammer could see price come back down to the 118 area.
Negative divergence is quite obvious, 5 Wave Elliott (Correction) Formation looks completed. The price recently hit its long run support line. I am bullish on coffee and going to Starbucks :)
There's a very interesting bullish movement, cause there's a huge triangle, which might have been finally formed.
Some chart analysis of JO... Short term supports and resistances as well as long term trend shown.
see the description within the chart ;-) it reflexes my personal opinion and is nothing else. whatever you read out of my opinion is on your own risk. kind regards and happy trading
The chart shows coffee in a weekly chart over a very long period of time. At the very least, you can see very clearly how important it is to draw support and resistances and trend lines. You can clearly see the trend line that has already been successfully tested more than 3 times. However, there is also an opposite trend line which limits the coffee price into an...
Hey there! We had a breakout and a deep pullback, let's look for a buy set up! - Hey todos, Tuvimos breakout y un pullback profundo, busquemos una confirmación de compra! Carlos
COFFEE, short-term corrective phase started, which should not interrupt the medium to long-term trend. In the next session, a small retrace to zone 137.70 and then start to 142.15 X4-TS - V. 2.9.1 - COFFEE KCU17 - Sep '17 LONG from 29/06/17 from 125.32 Flat Under 129.92 SHORT Under 127.56 Stop SHORT that close daily> 127.09 CROC X1 - Supports /...
The coffee has broken this small degree downtrend. Now it look overextended, so i'm expecting a correction before a potential wave up.
COFFEE, incoming weakness Coffee, it must have to download a bit of over-bought before go back I see a bit of weakness in the upcoming sessions that should bring him down to test the support S3 at 136.15 COFFEE KCU17 - Sep '17 CROC X1 - Supports / Resistances - Multiday (TF - 1H) R3 = 140.75 R2 = 139.80 R1 = 139.60 PIVOT = 138.65 S1 = 137.70 S2 = 137.50 S3 =...
COFFEE, incoming weakness Coffee, it must have to download a bit of over-bought before go back I see a bit of weakness in the upcoming sessions that should bring him down to test the support S3 at 136.15 COFFEE KCU17 - Sep '17 CROC X1 - Supports / Resistances - Multiday (TF - 1H) R3 = 140.75 R2 = 139.80 R1 = 139.60 PIVOT = 138.65 S1 = 137.70 S2 = 137.50 S3 =...
COFFEE came close to target (139.80) In the last session we reached 138.90 very close to the medium-long term target I had given Could this be a relative maximum? We will see it in the next session If it loses S3 = 136.15 it means it was the relative maximum and it is advisable to close all positions because they will most likely follow a downward turn to zone...
COFFEE came close to target (139.80) In the last session we reached 138.90 very close to the medium-long term target I had given Could this be a relative maximum? We will see it in the next session If it loses S3 = 136.15 it means it was the relative maximum and it is advisable to close all positions because they will most likely follow a downward turn to zone...