In recent years, the price of coffee has fluctuated between 90/100 and 130/140. It's a nice oscillator. Currently we're in uptrend. After the initial impulse price slows down and is approaching 122 level where correction usually occurs. I expect drop to 115-116 then continuation to at least 130, maybe to 132 (strong resistance) or even 135 (AB=CD & top from the last Summer).
Using 1D and 4H charts, wait for a signal that the price is turning back. Ignore lower time frames. Good luck.
Remember: if you are opening long positions in commodities, check the terms of your broker. Sometimes, if you do not close your position before the maturity of the contract, you may have to buy the goods and pay for shipment. Short positions are always safe.
Using 1D and 4H charts, wait for a signal that the price is turning back. Ignore lower time frames. Good luck.
Remember: if you are opening long positions in commodities, check the terms of your broker. Sometimes, if you do not close your position before the maturity of the contract, you may have to buy the goods and pay for shipment. Short positions are always safe.
注释
Wow, it was fast :D1st target reached (short TP). Next week I'll be looking for opportunity to enter and buy.
Have a good weekend.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。