The price of COFFEE fell below $160 and we have adjusted our markup, the preferable scenario for growth towards $200 remains the same, but you need to be careful ❗️ at these price levels, a fall below $155 will break the upward structure and cancel this scenario.
we are witnessing falling bullish wedge pattern on smaller tf
and main weekly trendline around 147
either we run soon, or a bit later
direction seems to be cleared out
COFFEE
We love coffee, so we look the dynamics of its price.)
In previous reviews, we considered the possibility of coffee rising from $170-180, the price went a little bit lower, but the structure is still in line with our preferable scenario. Growth in wave (5) will bring the price to a new high, the first intermediate target of $200. Fixing the price below...
Hello,Traders!
COFFEE has been going down
For some time now and has lost 35,5%
From the recent highs, so I think
That coffee is oversold and as it is
About to retest the horizontal support
I think that the rebound is imminent
Buy!
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As we expected, the correction in COFFE brought prices to the target range of 170-182. The preferable scenario for the movement is a change in the trend for growth. We will look the situation as it is quite predictable. The fifth wave of growth could bring prices above $300. We assume that the price may continue to decline. The $157 mark is critical for this...
10.24.22 KC1! This is the continuous coffee contract. I would say there is a buy signal, so you might look at the spot contract and use a small stop. If you need more evidence, that's not a problem, but keep it on your radar.
The priority scenario of the wave structure is a continuation of the decline in the 4th wave with the target of $178, where the correction will end. These levels are attractive to buy. On the chart, we have displayed the reversal zone and options for the development of price movement with a blue and red dotted line.
Hi Everyone!✋🏽
COFFEE is in a long trend accumulating to go on with it. After having taken back by the buyers, the long trigger zone marks the place where one can find a long trade on H4 time frame.
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!
Trade safe! ⚪️⚫️...
I think the arabica coffee will bounce on the next week. There is a D volume cluster sample, the RSI is oversold and the MACD histogram signs a turning.
Hi Everyone!✋🏽
The Monthly zone may stop the price, but the long trend continuation has been formed on the weekly and the daily, so price is heading towards the target zones.
ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT!
Happy trading! ⚪️⚫️...
9. 28. 22 Yet one more video, and we go back and review oil and coffee since trade decisions were made the previous day. It's very important to read the market, and whatever decision you make, you want to go back the next day to see how well you did with your decisions. It is true that the markets going to do whatever it does, but there are certain things did you...
9. 23. 22 This is an overview of the ES, which is going a lot lower. Coffee came back to support, but if you're willing to work hard, you could have made this a profitable day. There's also an overview of a bear market, which in real time is never that easy to trade. Generally, bear markets have to go low enough until the fires really give up. As the market...
I've entered long lately. Reasons:
Technically the trendchannel/flag has been broken to the upside. Trendcontinuation is very likely.
According to seasonality (10 years or longer) the price will peak in mid Octoboer/November (depends on the time period).
As problems in the supply chain, inflation etc. doesn't get solved quickly it increases only the price increase.
9. 22. 22 coffee: This is a fairly short video showing you the setup for how long trade. Some trades are harder than others, they're not all equal. If you are trading using scaling techniques, you may have more risk, can make a lot more money. Even though nothing is perfect there may be qualities to the market you are trading that can give you a sense that you may...
