I have just closed out a +8% trade and I am going long again.
The initial fundamentals where:
Although some of these fundamentals are starting to wane, the technicals continue to show that Coffee has more to go
The initial fundamentals where:
- Brazillian drought
- US-China trade war increasing agriculture exports out of Brazil
- Weak
BRLUSD
Although some of these fundamentals are starting to wane, the technicals continue to show that Coffee has more to go
Trade closed: stop reached
On to the next trade!
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.
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.