For all you coffee lovers, this is developing for a nice trade.
I'm not going to over-complicate it with fundamentals, but because this commodity likes to be cyclical, we could see some nice move upwards in the second half of the year. But, of course, this is just speculation, as different political, economical and natural elements could change the game along the way.
But, watch the lower small trend line. If we bounce, then could be a potential for a LONG.
But if we close below, then could open up the possibility for a SHORT.
Keep an eye on the price action!
I'm not going to over-complicate it with fundamentals, but because this commodity likes to be cyclical, we could see some nice move upwards in the second half of the year. But, of course, this is just speculation, as different political, economical and natural elements could change the game along the way.
But, watch the lower small trend line. If we bounce, then could be a potential for a LONG.
But if we close below, then could open up the possibility for a SHORT.
Keep an eye on the price action!
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。