on going down trend coffethis concept shows high probability of down trend extension
in the link there is a long therm view
TA for $COFFEE Commodities ☕️📉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
LOOK FOR BUYHello,
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 opportuniti
Coffee potential selloffAs 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 an
Thoughts on investing on Coffee Commodity Anticipating a long and also spotted a bullish flag which symbolises a buying market
Coffee Futures Bullish LevelGreen shade on the jupiter pendulum at key levels
Look for buyers to step in here and for the blue confirmation candle
Coffee SHORTCommodities Are Best Traded with Trend Following
Delivering a comprehensive service of trading systems, risk management strategies and psychological guidelines allows our customers to trade in less than thirty minutes per day.
Arabica coffee futures in the US traded around HKEX:194 per pound
Coffee Futures getting an uncommon sign of over extension.KC is hitting some fibs and speculators have been getting heavily long over the past 3 weeks as per COT data.
PMARP showing a good sign of over exuberance.
From what I can tell the consensus on it is that there's a big shortage and it cant go down, which is common across a few other commodities at
Coffee. Long on weekly chart.A good move up, consolidation, and another move up on good volume. I think I'll go long on Monday. I'm glad I'm a tea-drinker.
See all ideas