Bottom Or Not?Can see a case here that we have potentially made a bottom and completed the ABC correction.
COFFEE trade ideas
COFFEEMarket has been appears first pullback out of the range. So now is waiting for selling pressure comes in as my entry trigger
Coffee price keeps the negativity – AnalysisCoffee price provided more negative closings by consolidating below 178.00 resistance, to start reacting to the major indicators by declining towards 159.40, expecting to continue forming negative crawl and attempt to touch 154.00, while breaking this obstacle will extend trades towards 147.10 to face the historical support that appears on the chart, assuring the importance of monitoring its behavior to manage to detect the next main trend.
Coffee more downside to coffee, looks like this will continue dropping, costs must be rising for producers where theyre jsut looking to flip the goods for whatever cash they can and letting the market fall.
Coffee Prices Should Continue Downward in 2023The chart does not look great technically, with momentum to the downside, we also have over-supply on the market, perhaps due to the bull whip effect. Deflation can be real, just not all industries all at once perhaps. NFA, DYOR
#COFEE- SHORT OPPORTUNITYIn anticipation of the recession, coffe begins to lose value as smart money is moved from these commodities to safer places.
Meanwhile, an upward breakout was attempted on the descending pattern, but the deviation was apparently a fake-out, which means that we will soon have a retest of the support and if it is broken, we can go on short until the next . support.
CoffeePlease note that this translation was done using Google Translate.
I think coffee will show long-term growth.
Cheaper Coffee?Cheaper futures perhaps. I see potential to retest the 200ma especially if we can hold relative strength as is or lower. Not financial advice.
CoffeeTranslations may contain errors
Mongolian to English google translate
Previously, I said that I was waiting to enter Coffee, and it is coming to a time when SL can be close to Coffee.
CoffeeCoffee is seen to have an upward trend. This is not financial advice, and the decision is yours alone
COFFEE Rebound Ahead! Buy!
Hello,Traders!
COFFEE is going down to retest
The local rising support line
From where the price
Is likely to make a small rebound
Buy!
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COFFEE Local Long! Buy!
Hello,Traders!
COFFEE is trading in a local uptrend
And the beans are coming down
To retest the rising support
From where I will be expecting
A local rebound and a move up
Buy!
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COFFEE Potential Short! Sell!
Hello,Traders!
COFFEE broke a local rising support
Then went down and is now back up
To retest the broken line which became a resistance
And I am expecting a local pullback
Towards the target below
Sell!
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Coffee bull analysisLarger bull analysis from February 2022 and recent analysis also indicating the same. Feel free to comment.
Short on the 1 hour - Bearish Divergence on CoffeeEasy 2R short setup on Coffee, 2 Kangaroo Tails with Bearish Divergence on the EFI. Down she goes.
Coffee Arabica Reached ResistanceHello friends,
Coffee has reached a resistance point after a long rally on the hourly timeframe.
Short, with stop loss set @ 2.30
Take profit -2% or more from current price.
Take care
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Coffee prices to new highsWith global inflation setting new records high, coffee prices can be set to trend higher
in the upcoming months.
From a wave perspective 5 waves were done to the upside finished with a bearish divergence showcasing
a correction to the downside were it's end can be expected near wave 4 to then start a new rally to the upside.
Big Coffee TURNAROUND! Cocoa, also cheap, wheat cfds bannedSome Brokers did stop to trade WHEAT CFDs! Lets go to the moon with Coffee and Cocoa now! ;) These both are the cheapest softs at the moment.
