JO Analysis (Pennant Forming)Some chart analysis of JO... Short term supports and resistances as well as long term trend shown.
Coffee
i'm getting midterm bullish on arabica coffeesee the description within the chart ;-)
it reflexes my personal opinion and is nothing else. whatever you read out of my opinion is on your own risk.
kind regards and happy trading
Coffee under pressureThe chart shows coffee in a weekly chart over a very long period of time. At the very least, you can see very clearly how important it is to draw support and resistances and trend lines. You can clearly see the trend line that has already been successfully tested more than 3 times. However, there is also an opposite trend line which limits the coffee price into an increasingly narrowing price zone. This means that this triangle must always be broken and this usually takes a strong momentum and a lot of dynamics.
The chart also provides horizontal support for the important psychological level of 100, which has also been successfully tested several times. What can still be seen on the chart is a trend channel, which plays an important role in the daily chart.
In our opinion, it is worth a weekly view of the coffee cart, in order not to miss the breakout.
LONG SET UP IN COFFEE - DAILYHey there!
We had a breakout and a deep pullback, let's look for a buy set up!
-
Hey todos,
Tuvimos breakout y un pullback profundo, busquemos una confirmación de compra!
Carlos
COFFEE, short-term corrective phase startedCOFFEE, short-term corrective phase started, which should not interrupt
the medium to long-term trend.
In the next session, a small retrace to zone 137.70 and then start to 142.15
X4-TS - V. 2.9.1 - COFFEE KCU17 - Sep '17
LONG from 29/06/17 from 125.32
Flat Under 129.92
SHORT Under 127.56
Stop SHORT that close daily> 127.09
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 142.15
R2 = 141.20
R1 = 140.75
PIVOT = 140.28
S1 = 139.80
S2 = 139.60
S3 = 137.70
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
KC1! - COFFEE: CORRECTION BEFORE ONE MORE WAVE UP?The coffee has broken this small degree downtrend. Now it look overextended, so i'm expecting a correction before a potential wave up.
COFFEE, incoming weaknessCOFFEE, incoming weakness
Coffee, it must have to download a bit of over-bought before go back
I see a bit of weakness in the upcoming sessions that should bring him down
to test the support S3 at 136.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
Since 24/02/2017
COFFEE, incoming weaknessCOFFEE, incoming weakness
Coffee, it must have to download a bit of over-bought before go back
I see a bit of weakness in the upcoming sessions that should bring him down
to test the support S3 at 136.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
Since 24/02/2017
COFFEE came close to target (139.80)COFFEE came close to target (139.80)
In the last session we reached 138.90
very close to the medium-long term target I had given
Could this be a relative maximum?
We will see it in the next session
If it loses S3 = 136.15 it means it was the relative maximum
and it is advisable to close all positions because they will most likely follow
a downward turn to zone 134
Could also decide to go up to test R3 = 140.75
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
COFFEE came close to target (139.80)COFFEE came close to target (139.80)
In the last session we reached 138.90
very close to the medium-long term target I had given
Could this be a relative maximum?
We will see it in the next session
If it loses S3 = 136.15 it means it was the relative maximum
and it is advisable to close all positions because they will most likely follow
a downward turn to zone 134
Could also decide to go up to test R3 = 140.75
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
COFFEE, always long on medium-long term
COFFEE, always long on medium-long term
The daily candle of yesterday, due to the news
of damages to brazilian cultivation, gave a new impetus
to the medium to long-term trend with target in zone 140,
i said a few weeks ago, 139.80 for accuracy
COFFEE KCU17 - Sep '17
LONG from 06/29/2017
from 125,32
Flat Under 126.67
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.50
R1 = 136.15
PIVOT = 135.53
S1 = 134.90
S2 = 134.85
S3 = 133.50
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/2017
COFFEE, always long on medium-long term
COFFEE, always long on medium-long term
The daily candle of yesterday, due to the news
of damages to brazilian cultivation, gave a new impetus
to the medium to long-term trend with target in zone 140,
i said a few weeks ago, 139.80 for accuracy
COFFEE KCU17 - Sep '17
LONG from 06/29/2017
from 125,32
Flat Under 126.67
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.50
R1 = 136.15
PIVOT = 135.53
S1 = 134.90
S2 = 134.85
S3 = 133.50
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/2017
COFFEE, always long in the medium to long termCOFFEE, always long in the medium to long term
COFFEE, always long in the medium to long term, projected ,in my opinion,
in zone 140 as I wrote a few weeks ago;
139.8 for precision.
COFFEE KCU17 - Sep '17 136.55
LONG from 29/06/17 from 125.32
Flat Under 126.09
SHORT Under 123.80
Stop SHORT if close daily> 123.34
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.70
R1 = 137.50
PIVOT = 136.83
S1 = 136.15
S2 = 134.90
S3 = 134.85
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/17
COFFEE, always long in the medium to long term
COFFEE, always long in the medium to long term, projected ,in my opinion,
in zone 140 as I wrote a few weeks ago;
139.8 for precision.
COFFEE KCU17 - Sep '17 136.55
LONG from 29/06/17 from 125.32
Flat Under 126.09
SHORT Under 123.80
Stop SHORT if close daily> 123.34
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.70
R1 = 137.50
PIVOT = 136.83
S1 = 136.15
S2 = 134.90
S3 = 134.85
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/17
COFFEE, Attention please !
COFFEE came to pull back the median straight line right of the bullish channel.
The CM_Laguerre indicator is now a bit hot, and indicates a possible top of the period.
So I expect a slight downhill to go testing the lower part of the bullish multiday channel
then, in case of a successful test, itcan continue to the target in zone 142
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 136.15
R2 = 134.90
R1 = 134.85
PIVOT = 134.18
S1 = 133.50
S2 = 133.45
S3 = 133.40
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
From 24/02/2017
COFFEE, Attention please !COFFEE came to pull back the median straight line right of the bullish channel.
The CM_Laguerre indicator is now a bit hot, and indicates a possible top of the period.
So I expect a slight downhill to go testing the lower part of the bullish multiday channel
then, in case of a successful test, itcan continue to the target in zone 142
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 136.15
R2 = 134.90
R1 = 134.85
PIVOT = 134.18
S1 = 133.50
S2 = 133.45
S3 = 133.40
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
From 24/02/2017
COFFEE, always long in the medium-long termI see a Long movement continuum hammer in the last session on the coffee ..
Let see if Monday will be able to break zone 130/132 zone, a dense resistance zone
COFFEE KCU17 - Sep '17
In the medium term it is
LONG from 06/29/2017
from 125,32
Flat Under 124.71
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 132
R2 = 130.90
R1 = 129.40
PIVOT = 127.00
S1 = 124.60
COFFEE, always long in the medium-long term
I see a Long movement continuum hammer in the last session on the coffee ..
Let see if Monday will be able to break zone 130/132 zone, a dense resistance zone
COFFEE KCU17 - Sep '17
In the medium term it is
LONG from 06/29/2017
from 125,32
Flat Under 124.71
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 132
R2 = 130.90
R1 = 129.40
PIVOT = 127.00
S1 = 124.60
COFFEE, medium-long term LONG started
Started on the 29/6 the mid-long period LONG with target around 140
COFFEE KCU17 - Sep '17
LONG from 29/06/2017
From 125.32
Flat Under 124,86 (stop loss)
SHORT Under 122.60
Stop SHORT that close daily> 122.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistance - Multiday (TF - 1H)
R3 = 133.4
R2 = 132.00
R1 = 130.90
PIVOT = 130.15
S1 = 129.40
S2 = 124.60
COFFEE, medium-long term LONG started
Started on the 29/6 the mid-long period LONG with target around 140
COFFEE KCU17 - Sep '17
LONG from 29/06/2017
From 125.32
Flat Under 124,86 (stop loss)
SHORT Under 122.60
Stop SHORT that close daily> 122.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistance - Multiday (TF - 1H)
R3 = 133.4
R2 = 132.00
R1 = 130.90
PIVOT = 130.15
S1 = 129.40
S2 = 124.60