$COFFEE: Nice weekly up trend
COFFEE has been trending strongly since the long term trend turned up recently, it now offers a low risk entry for commodity traders who use the Forex.com platform (fairly convenient since you can trade from the charts directly here, I have no affiliation with them btw).Reward to risk is 3.75 to 1, which is very considering the larger than 60% probability than this outcome has...
Best of luck!
Cheers,
Ivan Labrie.
Trade active
So far, so good...Trade closed manually
Taking partial profits and moving stop to entry for the rest.
Note
Long term target hit, the weekly trade is near the target, banking the rest now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.