COFFEE, incoming weaknessCOFFEE, incoming weakness
Coffee, it must have to download a bit of over-bought before go back
I see a bit of weakness in the upcoming sessions that should bring him down
to test the support S3 at 136.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
Since 24/02/2017
Coffee
COFFEE, incoming weaknessCOFFEE, incoming weakness
Coffee, it must have to download a bit of over-bought before go back
I see a bit of weakness in the upcoming sessions that should bring him down
to test the support S3 at 136.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
Since 24/02/2017
COFFEE came close to target (139.80)COFFEE came close to target (139.80)
In the last session we reached 138.90
very close to the medium-long term target I had given
Could this be a relative maximum?
We will see it in the next session
If it loses S3 = 136.15 it means it was the relative maximum
and it is advisable to close all positions because they will most likely follow
a downward turn to zone 134
Could also decide to go up to test R3 = 140.75
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
COFFEE came close to target (139.80)COFFEE came close to target (139.80)
In the last session we reached 138.90
very close to the medium-long term target I had given
Could this be a relative maximum?
We will see it in the next session
If it loses S3 = 136.15 it means it was the relative maximum
and it is advisable to close all positions because they will most likely follow
a downward turn to zone 134
Could also decide to go up to test R3 = 140.75
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 140.75
R2 = 139.80
R1 = 139.60
PIVOT = 138.65
S1 = 137.70
S2 = 137.50
S3 = 136.15
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
COFFEE, always long on medium-long term
COFFEE, always long on medium-long term
The daily candle of yesterday, due to the news
of damages to brazilian cultivation, gave a new impetus
to the medium to long-term trend with target in zone 140,
i said a few weeks ago, 139.80 for accuracy
COFFEE KCU17 - Sep '17
LONG from 06/29/2017
from 125,32
Flat Under 126.67
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.50
R1 = 136.15
PIVOT = 135.53
S1 = 134.90
S2 = 134.85
S3 = 133.50
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/2017
COFFEE, always long on medium-long term
COFFEE, always long on medium-long term
The daily candle of yesterday, due to the news
of damages to brazilian cultivation, gave a new impetus
to the medium to long-term trend with target in zone 140,
i said a few weeks ago, 139.80 for accuracy
COFFEE KCU17 - Sep '17
LONG from 06/29/2017
from 125,32
Flat Under 126.67
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.50
R1 = 136.15
PIVOT = 135.53
S1 = 134.90
S2 = 134.85
S3 = 133.50
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/2017
COFFEE, always long in the medium to long termCOFFEE, always long in the medium to long term
COFFEE, always long in the medium to long term, projected ,in my opinion,
in zone 140 as I wrote a few weeks ago;
139.8 for precision.
COFFEE KCU17 - Sep '17 136.55
LONG from 29/06/17 from 125.32
Flat Under 126.09
SHORT Under 123.80
Stop SHORT if close daily> 123.34
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.70
R1 = 137.50
PIVOT = 136.83
S1 = 136.15
S2 = 134.90
S3 = 134.85
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/17
COFFEE, always long in the medium to long term
COFFEE, always long in the medium to long term, projected ,in my opinion,
in zone 140 as I wrote a few weeks ago;
139.8 for precision.
COFFEE KCU17 - Sep '17 136.55
LONG from 29/06/17 from 125.32
Flat Under 126.09
SHORT Under 123.80
Stop SHORT if close daily> 123.34
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 139.8
R2 = 137.70
R1 = 137.50
PIVOT = 136.83
S1 = 136.15
S2 = 134.90
S3 = 134.85
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
since 24/02/17
COFFEE, Attention please !
COFFEE came to pull back the median straight line right of the bullish channel.
The CM_Laguerre indicator is now a bit hot, and indicates a possible top of the period.
So I expect a slight downhill to go testing the lower part of the bullish multiday channel
then, in case of a successful test, itcan continue to the target in zone 142
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 136.15
R2 = 134.90
R1 = 134.85
PIVOT = 134.18
S1 = 133.50
S2 = 133.45
S3 = 133.40
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
From 24/02/2017
COFFEE, Attention please !COFFEE came to pull back the median straight line right of the bullish channel.
The CM_Laguerre indicator is now a bit hot, and indicates a possible top of the period.
So I expect a slight downhill to go testing the lower part of the bullish multiday channel
then, in case of a successful test, itcan continue to the target in zone 142
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 136.15
R2 = 134.90
R1 = 134.85
PIVOT = 134.18
S1 = 133.50
S2 = 133.45
S3 = 133.40
CROC X3 - Last Signal (Long Term - TF 1D)
SHORT from 152.20
From 24/02/2017
COFFEE, always long in the medium-long termI see a Long movement continuum hammer in the last session on the coffee ..
Let see if Monday will be able to break zone 130/132 zone, a dense resistance zone
COFFEE KCU17 - Sep '17
In the medium term it is
LONG from 06/29/2017
from 125,32
Flat Under 124.71
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 132
R2 = 130.90
R1 = 129.40
PIVOT = 127.00
S1 = 124.60
COFFEE, always long in the medium-long term
I see a Long movement continuum hammer in the last session on the coffee ..
Let see if Monday will be able to break zone 130/132 zone, a dense resistance zone
COFFEE KCU17 - Sep '17
In the medium term it is
LONG from 06/29/2017
from 125,32
Flat Under 124.71
CROC X1 - Supports / Resistances - Multiday (TF - 1H)
R3 = 132
R2 = 130.90
R1 = 129.40
PIVOT = 127.00
S1 = 124.60
COFFEE, medium-long term LONG started
Started on the 29/6 the mid-long period LONG with target around 140
COFFEE KCU17 - Sep '17
LONG from 29/06/2017
From 125.32
Flat Under 124,86 (stop loss)
SHORT Under 122.60
Stop SHORT that close daily> 122.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistance - Multiday (TF - 1H)
R3 = 133.4
R2 = 132.00
R1 = 130.90
PIVOT = 130.15
S1 = 129.40
S2 = 124.60
COFFEE, medium-long term LONG started
Started on the 29/6 the mid-long period LONG with target around 140
COFFEE KCU17 - Sep '17
LONG from 29/06/2017
From 125.32
Flat Under 124,86 (stop loss)
SHORT Under 122.60
Stop SHORT that close daily> 122.15
COFFEE KCU17 - Sep '17
CROC X1 - Supports / Resistance - Multiday (TF - 1H)
R3 = 133.4
R2 = 132.00
R1 = 130.90
PIVOT = 130.15
S1 = 129.40
S2 = 124.60
JO: Gigantic double bottom in CoffeeThis can be a long term bottom for Coffee. I will be entering longs on Monday.
The monthly chart indicates this could be a gigantic double bottom at play.
CoT data is interesting, with large speculators going flat...
I expect the low printed here to hold, if we break this week's high it'll trigger a rally.
Good luck,
Ivan Labrie.
LONG OPPORTUNITY IN COFFEEStrong push down to $17 dollars should be met with institutional support. Will take a long position if we make there before week end.
Bullish Coffee DivergenceI see a bullish divergence on the daily chart for coffee. The MFI has made higher lows while price has made lower lows. I believe coffee is headed higher to at least the 50% level of 1.4585 (if not high 140's).
Coffee Triple BottomTriple bottom forming on 61.8% retracement which is a good support area.
Expecting price to break out of the triangle and target the 165 area.