The price pull back to the resistance level with a bullish engulfing candle. As you can see.when the price returns to the resistance level.it goes up strongly. we conclude now that this is a good buying area. I advice investors To buy coffe now. If you like my idea don´t forget support. Thanks.
Hello,Traders! COFFEE went down from the resistance cluster Just as I predicted in my previous analysis Then retested a rising support line And is making a rebound already So I think the price will go further up a bit Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅COFFEE is going down now But a strong support level is ahead Thus I am expecting a rebound And a move up towards the target LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! COFFEE is trading in a downtrend And the price is about to retest a resistance cluster Of the falling resistance and the rising one That of a bearish flag pattern So after the retest we will see a move down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
✅COFFEE is about to retest a key structure level Which implies a high likelihood of a move up As some market participants will be taking profit from short positions While others will find this price level to be good for buying So as usual we will have a chance to ride the wave of a bullish correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! COFFEE broke a local rising support Then went down and is now back up To retest the broken line which became a resistance And I am expecting a local pullback Towards the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Let's follow the playground. * None of what i write here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose your money.
NQCIKCTR $NQCIKCTR Initial Short. SL and TP on chart. Move SL on TP.
Hello friends, Coffee has reached a resistance point after a long rally on the hourly timeframe. Short, with stop loss set @ 2.30 Take profit -2% or more from current price. Take care Please follow and like!
The technical figure Triangle can be found in the US company Starbucks Corporation (SBUX) at daily chart. Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world's largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of...
CORN ZC Futures 19 May 2022 Based on the HV measures from the last 5612 candles our expected volatility for today is around 1.59% However, in order to increase our accuracy I am going to use a 1.25x multiplier => 1.99% This is translated into a movement from the current opening point of 15.48 With this information our top and bottom , with close to 85%...
See picture for analysis Evidence for Longs Pros: 1) bullish with inflation 2) food shortages 3) potential storms going into summer which might kill coffee beans. 4) Trend = Uptrend so any longs will be trending. Cons: 1) Price below + reacting off of the 200MA 2) hard to scalp on lower timeframes + commissions/ swaps can be high.
Like most commodities, London coffee futures saw a massive price uptrend in 2021. However, since the beginning of 2022, it's finally cooled off to an eight and half month low. As a silver lining, perhaps more interesting price action is currently heading our way. With a very sharp fall during the last two weeks of February it's since consolidated, trading between...
Type : Bullish Bounce Resistance : 225.40 Pivot: 221.95 Support : 219.75 Preferred Case: With price moving above our ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 225.40 in line with the horizontal swing high resistance from our pivot of 221.95 in line with the 23.60% Fibonacci retracement and horizontal pullback...
Hello,Traders! COFFEE is again retesting a key level And the price action looks somewhat bearish So IF we see a breakout then I think that The price will go further down Towards the target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Main Pattern: Weekly Reversal Head & Shoulders Minor Pattern: Continuation Bearish Daily Head & Shoulders could confirms the Weekly Pattern downside: the neckline is not horizontal the trigger points are: Daily 201 Weekly 199/198
The soft commodities sector of the commodity market can be highly volatile. Historically, sugar, coffee, cotton, cocoa, and frozen concentrated orange juice futures that trade on the Intercontinental Exchange have doubled, tripled, and halved in value over short periods. While clothing and other consumer goods depend on the cotton market, the other sector members...
Type : Bullish Bounce Resistance : 227.70 Pivot: 221.75 Support : 219.20 Preferred case: We see the potential for a bounce from our pivot at 221.75 in line with 127.2% Fibonacci extension towards our 1st resistance at 227.70 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension. Alternative scenario: Alternatively, price may break our pivot...