3 separate (Bearish Bat + Gartley) PRZs line up @160! With the Real strengthening but also, option volatility rather expensive @ 41%... ... we have bought up the Dec. 2020, 140-160 CALL Spreads for $1095 a pop. We are expecting Coffee to finish the year >160.00, for a 1:7.3 R/R on this trade - i.e. $7500 / contract. Good luck out there!
THE STORY OF THE COFFEE IS FACIANATING. A HUGE VOLUME OF BUYERS ARE IN THE MARKET NO SIGNE OF DOWN EFFECT.
If you like this idea, don't forget to support it clicking the Like Button! Coffee futures continued to drop, now trading on a strong support area ($115). The price has recently soared ($142) due to Brazil's supply difficulties. On the other hand, I'm expecting Coffe demand to be stable or even grow, supporting the rise of Coffee prices. Disclosure: My ideas...
Let’s kill the market today
-The strong increase in coffee prices is due to the strengthening of BRL and the fear of frost -The Brazilian hurricane delayed harvest, which could lead to a deterioration in crop quality -Coffee consumption has risen to historic highs, but it is not yet visible at coffee bars -Farmers receive only 10% of the final consumer price, so they don't get too much...
After such a dramatic rise in a down trend the price is due for a correction downwards. Also the RSI was very high as well so that supports this prediction. Like the idea if you agree and follow for more like this.
Thought i would not find a market more promising for the future than platinum but i've been proven otherwise. Coffee is lower than it has ever been in it's life cycle and can only imagine this is the end of downtrend and may form a wick around 1.0100 where expected to bottom out and start headed upwards. Do not miss out on a great buying up opportunity and watch...
So no breakout... instead a rejection, which means I'm switching bias! Who thinks the rally we saw in coffee last week will form the year low? Possible ins't it? I'm still overall bearish, but based on the reaction we saw from support at 113, I think we'll see a retracement before we get back down below the current year low. Since we saw this reaction off the...
COFFEE Long Opportunity and Analysis -------------------- Elektro Analysis
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
with all this unnatural weather it only makes sense to go long on COFFEE!!!! Grab your espresso and lets rock!
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... .zip (with PDF`s) @ my Google Drive In percents away from all-time high & low by last close (32 Commodities) drive.google.com Best regards :) Aaron