vlad.adrian

Coffee - Trend is still up

Panjang
ICEUSA:KC1!   None
Coffee recently broke the strong support at 168$ region, and then rallied immediately. I have been waiting to see two consecutive days of rising prices, this is the 3rd. I expect coffee to go up at least to the 200$ region, where there was that double top. Further resistance is at 230$. Allthough there are bullish divergences on the daily, it isnt a setup that screams, but take a look at the weekly, which is beautiful :
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.