Coffeesell
COFFEE- SEL strategyIt is taking some time, but still feel that we should go further south.
we have regression channel support around $ 220. The S/H/S top patter seems clear, and the DMI is slowly turning to sell mode.
Strategy SELL $ 227-230 with stop-loss tight at $ 235. profit expectation is $ 187.
COFFEE - SELL strategyThe question is when will prices starts peaking.
Judging the cyclical time line and DPO the previous peak happened 77 bars before the peak from the beginning of the cyclical time line. This means around 20 December 2021 Coffee will peak.
Sell $ 240 $ 260 for move back to $ 180-190.
COFFEE - SELLCoffee has started it's descending now, and the key is below 230.00 for further encouragement.
The stochastic are negative now for daily and weekly (the weekly has bearish engulfing pattern).
Strategy sell between $ 240-245 or add to positions for a move to $ 195. Stop-loss $ 252 above Gann resistance.
COFFEE - SELL SELLthe medium-term picture of coffee is to correct over time. we should be seeing 200.00 levels again.
The current price $ 245 is above the BB and the RSI is way higher than the past corrections observed.
Strategy is to sell in small increments, and stop-loss (perhaps not needed due to the high level of RSI).
manage the position carefully, and take back positions during decline at 227.00 and 217.00 and re-sell when moving higher afterwards.
Coffee (KC); Let's get ready to break out those SHORTs ...... Again. Wait for it, tough! Let the U$D bottom vs. the Real, first, this being a pure currency play on the USD/BRL. (Fundamentals don't matter here; The market is balanced, nothing is happening - despite the occasional make-belief news flashes to the contrary.)
Made an awful lot of money on the way up here ;-) and now, it's time to cash in on the upcoming sell-off.
COFFEE FUTURES (KC1!) DailyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.
COFFEE FUTURES (KC1!) WeeklyThe Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. The Djinn Indicators work on all charts, for any asset category and in all time frames.
Dates in the future with the greatest probability for a price high or price low.