KT1! trade ideas
Coffee is on a rise! It must be the caffeine I have just closed out a +8% trade and I am going long again.
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
Huge Short Opportunity in CoffeeWe see massive short potential in Coffee (KC) because it is extremely overbought and the entire Commitment of Traders report is screaming for a Short.
Analisis Tecnico de Precios del Café - 14 diciembreAnalisis de niveles fibonacci y promedios diarios de precios de café.
UPD: Coffee broke out from 4 year old wedgeOverheated & met supply. Maybe still room for comms to meet previous peaks bets $KC_F
Have you had your Coffee today ?36 long months of waiting, finally the selling is over for Coffee!
See how nice the price action moves within the descending channel, without any
false breakouts (up or down) to trap you! How nice, isn't it ?
See daily chart for more details
KC, Coffee C Futures - Symmetrical Triangle on Coffee FuturesICEUS:KC1!
Commodities are very volatile assets that can generate excellent profits if traded with discipline and awareness of their volatility.
In this case we are monitoring the compression of the price that is represented by the symmetrical triangle pattern, often symptom of potential breakout with subsequent trend.
We have set the alerts and we are waiting.
www.theice.com
COFFEE FUTURES : Long trend is UP, but no entry for next weekCOFFE FUTURES : Long trend is UP, but no entry for next week because there will be sideways
Coffee Futures : Will do correction down to BullishCoffe Futures will do sideways for 1-2 days, and then Bullish again
Coffee about to rise?Using Divergence method I think there might be a possible entry right now as the pullback is finished.
It could be alot of profit on this one!
Good luck!
LONG KC!1 / Coffee Futures til year end 2019Fundamentals seem to be aligning up just perfectly (BRL strength coming up, current cyclical low yield year, solid to steadily growing global demand etc.),
all the while the until-recently uber bearish chart already started to brighten significantly - to me at least!
Reasons enough for a cautiously bullish view of things.. and for me to open a small position :P
Tell me what yall think!
Coffee at "grounds" level, a buy, 95 cents/pound DecemberCoffee price has declined the deep Fib retrace level and nested in the arms of the centerline of linear regression channel. Also a Schiff fork tine appropriately supports price here now. Downright dreadful wails of surplus, overproduction and crop abundance combined with currency fiasco provide a contrarian context for reversal propulsion surprise. To quote "Popeye the Sailorman", 'Thats all I can stands, I cant stands no more!'
COFFEE Futures: Bullish Alt Bat And Cypher PatternI will publish the fundamental analysis later.
Technically, nice levels to have a cup of Coffee
