Coffee SND Bearish Set-upCoffee bearish interests, always wanted to analyze coffee...can be bumpy for 1.0360 ,so, --to note that.
next a look on Crypto.
* MA
KC1! trade ideas
Buy Coffee futures or etf instead of Starbucks Fundamentally , Despite the brazil "Real" currency's historic low value and Covid-19, Coffee's supply is expected to be reduced while the demand is expected to rise.
Simply put, we are running short of Coffee!
seekingalpha.com
Technically , the Multiyear down trendline has broken, and currently, coffee price is rising with up trendline support!
$KC_F Coffee not bullish yetICEUS:KC1!
Coffee sits on the TL support however 13, 50, 200MAs are not curling up.
Trend is still down but if it turns up, I will watch out.
A general guide to Coffee As shown in the diagram. All the support lines are good entry levels, and all the resistance lines are great places to open shorts. No opinion in the short term, but I think it’s going to see some rebound when it drops back below 100. And in my opinion, a great entry level will be at 85.95, the historic low from 2005.
Coffee heading North ( Go Long if you agree)Keeping the chart clean to show the 1,3,5 pattern complete. Coffee is a Buy here with a current stop at the low. Equal Time with higher lows tells the story. Good trading to everyone & be safe.
COFFEE C FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) AnalyseCOFFEE C FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) Analyse
Coffee arabica outlookfundamentals are important - Brazil gained +4% in new coffee producing land last year - they have 40% of global output => +1,6% world coffee production only from Brazil and good weather conditions (until now).
their currency is to watch too! As long as Bolsonaro is president its really difficult, because they can easily convert rain forest to agricultural lands, witch is bad for coffee prices (and the world too).
in the long term coffee needs to go to 1.50 - 1.70
September/October its more interesting - El Niño
Analysis of CoffeeStudy of Coffee. An old nemesis, missing the bottom a few times.
I believe we have to look for a bottoming pattern right here or test some lows (bottom of bear flag). Long term I believe it will go up a lot again, but considering current market conditions, lower support may be the thing to look for.
Art WorkThe only way to make money out of Money consistently is to use Wave Theory as the method of your analysis.
BUY COFFEE C FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)BUY COFFEE C FUTURES , take profit 122.50 ans stop lose 118.45
COFFEE FUTURES (KC1!) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
COFFEE FUTURES (KC1!) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
COFFEE FUTURES (KC1!) MonthlyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
