Hope to see red candles in COFFEE!!!As a coffee lover, I hope to see downtrend in coffee price before a cup of coffee be more expensive!!!
The box is a very important price zone, and I hope to see a major pivot there...
Coffee Is Getting ExpensiveCoffee is in a massive rally on tight Brazil crop fears and if we take a look at the weekly chart, we can see it trading impulsively higher with space for more gains until it fully completes a five-wave bullish cycle by Elliott wave theory, just watch out on short-term 4th wave pullbacks.
Basic Im
Coffee in the morning!CAPITALCOM:COFFEEARABICA is the second most imported commodity in the world, after oil. Looking at the charts, it might strike one as a commodity that is just bumbling about, at least on shorter time frames, often at a slow pace. However, reality is that it is highly volatile, and prone to huge flu
Coffee chart long termCoffee price forecast in the long term which will show the growth of coffee price
Is Coffee About to Set a New High Record in History??Coffee got resistance last week at the price of the $260.60 which is the highest historical price swing of the commodity. It seams the bulls are trying to break the level this week.
A strong weekly bull close above this multi-year structure could open the door for more bullish swing on the price of
coffee new heavenArabica coffee futures have reached their highest levels since 2011 due to supply concerns, mainly caused by severe drought in Brazil. Prices surged to $2.68 per pound, up 40% this year. Production outlooks are weak as extreme weather impacts crops, and the 2025/26 season’s potential is uncertain. A
Coffee - Is price going to drop from supply zone of feb 2022???Hey traders coffee is at highs of feb 2022, it does tend to drop in August to September time, and now were at this high commercials are selling coffee and id rather be on there side than retailers who are still buying.
So I am going to sell....
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This chart mater
COFFEE ARABICA, TO WB COMPLETEDcoffee arabica , short, wave c, hopefully fast CAPITALCOM:COFFEEARABICA
COFFEE ARABICACOFFEE
SHORT
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
PLEASE DON’T BE GREEDY
DO YOU
#Coffee beginning of another rallyPrice recently managed to break above the bearish trendline that previously kept it lower during the recent bearish corrective move.
Now that the price has broken above this counter-trend trendline and formed a bullish impulsive move, we can wait for wave 4 to complete and try to benefit from the f
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Displays a symbol's price movements over previous years to identify recurring trends.