This Trade was taken as net positions hit the highest amount this year at 16/4/2024 we had the highest positions in a 26 week period at -78,835 net positions, this was followed by a price action signal for a short trade. please know at this current time, We had a very dry season in Brazil and in vietnam which caused a massive price spike through out all year....
COFFEE price aiming towards higher equilibrium We had the W demand zone pointed out in a previous idea (see below) but price retraced until the D1 demand zone right above it and is respecting this level.
Looking at going long on W dz Potentially will wait for lower time frame conformation and BOCH (Break of character)
Looks like as gold goes high, people are going to work doing the summer. Coffee is pivoted to reverse its down trend. Keep an eye on STBX$ sales.
The price has come down to the trend line and perhaps it can reach a new All Time High in 2024. Not much more to say tbh, The trend is your friend.. Like, comment and share if you like this idea.
Let's talk about coffee because coffee lovers understand how important it is in daily life. In the business world, it's widely recognized that no meeting or deal is complete without at least one cup of coffee (or even more). ☕️ Now, let's focus on coffee futures. 📰 Technical analysis presents an interesting perspective for potential growth. The price is...
Hello, As of 2023 February 24 (Time of analysis), Friday current price of Coffee is USD 189. The price hit the bottom in January 2023 and prices have been recovering since then. Though I do not fore see a sharp continuous rise in the prices of coffee. I am convinced that there are good opportunities for us to buy coffee once we see a correction forming. USD 180...
Coffee price forecast in the long term which will show the growth of coffee price
COFFEE short idea Bearish pattern in channel from October
Welcome to RiskMastery's Day Trader Series - Codes with short-term trading potential. In this edition, we'll be looking at PEPPERSTONE:COFFEE ... I believe this code is at a point of potential volatility. If price can move to and hold below $178.34 ... Bearish potential may be unlocked. My key downside targets include: - $175.16 (Conservative) -...
I thought this one was pretty straightforward. Coffee looks PHENOMENAL for a long Sugar looks yucky after the huge run-up and is a shortable soft commodity hedge This stuff isn't that complicated. Supply issues get resolved in Sugar as they do in most commodities. Tbf I think Sugar is exhausted, I don't know if it will go down that much but I don't think...
coffeusd speculative view weekly tests and bounces from major area since 2017, and in strange feeling im leaning that coffe is about to follow orange juice basicly this shows that food is getting more expensive in the world . probably because of russia-ukraina-middle east look for short if close under 165.18 area look for long if close above 169.02...
this concept shows high probability of down trend extension in the link there is a long therm view
This is my PEPPERSTONE:COFFEE chart. One day I was making some coffee and realized that I am bullish on coffee. It is one of my favorite things. So I pulled up PEPPERSTONE:COFFEE commodity price and was sad to see a bearish divergence and admittedly a bearish chart. Of course I didn't short it because that would've been smart... I found my ideal entry...
Coffee arabica , price prediction , not trading recommendation
As Coffee has been in a general downtrend, I'm looking to take advantage of the next potential leg down. The previous pullback (move above rising trend line support) has had a few nice short-term swing opportunities both to the upside and downside. After breaking and closing below gap, horizontal and rising trend line supports along with Friday's long-tailed dark...
Anticipating a long and also spotted a bullish flag which symbolises a buying market