Long
KC buy signal on daily chart
I would have liked to see a divergence in RSI, Stochastik vs price, but it didn't happen this time; regardless a decent buy signal for coffee.
Future spreads have been steady and unch in the recent days, suggesting a low is in place.
USDBRL is a key indicator, if it continues to fall after hitting the triangle breakout target there might be more upside for KC
Future spreads have been steady and unch in the recent days, suggesting a low is in place.
USDBRL is a key indicator, if it continues to fall after hitting the triangle breakout target there might be more upside for KC
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.