Coffee Cash Contract
Long
Updated

COFFEE price aiming towards higher equilibrium

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COFFEE price aiming towards higher equilibrium

We had the W demand zone pointed out in a previous idea (see below) but price retraced until the D1 demand zone right above it and is respecting this level.

https://www.tradingview.com/chart/COFFEE/ycWafPDn-COFFEE-possible-long-off-W-dz/
Note
First target reached
Note
2nd target reached
Trade closed: target reached
final target reached close position

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