Short idea on KC1! (Coffee)
1) COT Data shows the commercials reaching the short extremes on weekly timeframe
2) Seasonality shows a bearish pattern
3)Quantitative analysis shows 80% win rate for shorts
4) Coffe is Overvalued against different benchmarks
5) High quality supply zone
6)88% correlation between the actual price and the 10y seasonality
2) Seasonality shows a bearish pattern
3)Quantitative analysis shows 80% win rate for shorts
4) Coffe is Overvalued against different benchmarks
5) High quality supply zone
6)88% correlation between the actual price and the 10y seasonality
Order cancelled
sell limit triggered way before seasonality zone
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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.