Coffee price provided more negative closings by consolidating below 178.00 resistance, to start reacting to the major indicators by declining towards 159.40, expecting to continue forming negative crawl and attempt to touch 154.00, while breaking this obstacle will extend trades towards 147.10 to face the historical support that appears on the chart, assuring the...
according to W1 chart see some strong bullish divergence. and price also 18 weeks low if i count well. so should try this buy opportunity with responsible sl. good luck
Title: Coffee Futures ( KC1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 174.35 Pivot: 163.80 Support: 154.30 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue...
We are long coffee futures . Profitability rate = 22% Average Winning Trade = 12.65% Average Losing Trade = 1.94% Average duration = 3 weeks
We are long coffee. Take profit at 181.60 and Stop loss at 160.80. It is important to note that stop loss and take profit are activated upon weekly close if levels are met. This trading signal has a 30% profitability rate and a risk to reward ratio of 16. Incredibly profitable trading strategy.
Our preferable scenario for COFFEE remains the same. A rise in wave 5 could bring prices to new highs. Short-term intermediate target of $200. Fixing the price of COFFEE below $155 will cancel this scenario.
Higher timeframe analysis: -Price inside weekly RBR demand -Price very near 200MA + above it. -Looking for longs Lower timeframe analysis: -Pirce broke downward ML (trend lines) -Price removed opposing supply pivot point areas of supply -New HH/HL demand zones being created -Looking at potential small risk with SL below the lowest level. Let me know your thoughts.
Hello,Traders! COFFEE was trading in a downtrend For quite some time but then The price broke out of the falling wedge And now the price action is bullish So I think we will see a move up Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
In anticipation of the recession, coffe begins to lose value as smart money is moved from these commodities to safer places. Meanwhile, an upward breakout was attempted on the descending pattern, but the deviation was apparently a fake-out, which means that we will soon have a retest of the support and if it is broken, we can go on short until the next . support.
The price of COFFEE fell below $160 and we have adjusted our markup, the preferable scenario for growth towards $200 remains the same, but you need to be careful ❗️ at these price levels, a fall below $155 will break the upward structure and cancel this scenario.
we are witnessing falling bullish wedge pattern on smaller tf and main weekly trendline around 147 either we run soon, or a bit later direction seems to be cleared out
Looks like it wants to cross the $100 and collapse for a double bottom next year.
COFFEE We love coffee, so we look the dynamics of its price.) In previous reviews, we considered the possibility of coffee rising from $170-180, the price went a little bit lower, but the structure is still in line with our preferable scenario. Growth in wave (5) will bring the price to a new high, the first intermediate target of $200. Fixing the price below...
Hello,Traders! COFFEE has been going down For some time now and has lost 35,5% From the recent highs, so I think That coffee is oversold and as it is About to retest the horizontal support I think that the rebound is imminent Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hi Everyone!✋🏽 COFFEE is in a long trend accumulating to go on with it. After having taken back by the buyers, the long trigger zone marks the place where one can find a long trade on H4 time frame. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️...