Check them fractals boi
Price is fractal of the previous one
This one will be targeting range highs twice
if the said structure completes
remember buy range lows sell range highs
_sincerely
Gerald
I've been stalking coffee in the background from many weeks. It's looking pretty ripe about now for taking a controlled loss (aka stop-loss). When coffee moves, it really moves. This is a longer time frame trade, which I do not usually get involved in - but it's probably time for me to get involved in one or two of these.
This chart was originally published on DECEMBER 26 but was hidden by the Tradingview platform because I violated house rules. The 1st Djinn Predictive Indicator has been sold. There should be no more house rules violations.
Very nice and clean bounce from support 99.0, next target is about at 107,5 , also the COT report show us, that coffee is very cheap and we should test ressitance at 122.
This is an excellent example of a solid risk reward level trade that is typically presented in a Super Pivot Stack setup. You could place your sell order below the Stack and the stop loss above the stack which is usually a very favorable size range compared to the profit potential in the trade setup.
You can see all 4 elements that make up the Super Pivot Stack,...
This is another average position form our long-term investments, very risky, which is included in our bearish commodity group over the next 5-6 months, correlated with bullish equity markets, a bullish dollar, a bearish euro, and a bearish token market.
