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Coffee

Coffee C Futures ( KC1! ), H4 Potential for Bullish ContinuationTitle: Coffee C Futures ( KC1! ), H4 Potential for Bullish Continuation Type: Bullish Continuation Resistance: 174.95 Pivot: 157.55 Support: 142.05 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. If this bullish momentum continues, expect price to continue heading towards the resistance at 174.95, where the previous swing high is. Alternative scenario: Price may head back down to retest the pivot at 157.55, where the 38.2% Fibonacci line is. Fundamentals: There are no major news.
ICEUS:KC1!Long
by Genesiv
Coffee C Futures ( KC1! ), H4 Potential for Bearish DropTitle: Coffee C Futures ( KC1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 154.30 Pivot: 164.00 Support: 142.05 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 142.05, where the recent low is. Alternative scenario: Price may head back up to retest the resistance at 154.30, where the 38.2% Fibonacci line is. Fundamentals: There are no major news.
ICEUS:KC1!Short
by Genesiv
Coffee C Futures ( KC1!), H4 Potential for Bearish DropTitle: Coffee C Futures ( KC1!), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 154.30 Pivot: 164.00 Support: 142.05 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to continue heading towards the support at 142.05, where the recent low is. Alternative scenario: Price may head back up to retest the resistance at 154.30, where the 38.2% Fibonacci line is. Fundamentals: There are no major news.
ICEUS:KC1!Short
by Genesiv
Coffee price keeps the negativity – AnalysisCoffee price provided more negative closings by consolidating below 178.00 resistance, to start reacting to the major indicators by declining towards 159.40, expecting to continue forming negative crawl and attempt to touch 154.00, while breaking this obstacle will extend trades towards 147.10 to face the historical support that appears on the chart, assuring the importance of monitoring its behavior to manage to detect the next main trend.
PEPPERSTONE:COFFEEShort
by eltonmorningstar
Coffee Futures ( KC1! ), H4 Potential for Bearish DropTitle: Coffee Futures ( KC1! ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 174.35 Pivot: 163.80 Support: 154.30 Preferred case: Looking at the H4 chart, my overall bias for KC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue heading towards the support at 154.30, where the previous swing low is. Alternative scenario: Price may head back up to retest the pivot at 163.80 where the 50% Fibonacci line is. Fundamentals: There are no major news.
ICEUS:KC1!Short
by Genesiv
COFFEE in correction, may turn long soonHi Everyone!✋🏽 COFFEE is in a long trend accumulating to go on with it. After having taken back by the buyers, the long trigger zone marks the place where one can find a long trade on H4 time frame. ANYWAY, a lot of Qs about the direction of the price. But it doesn't matter. WE JUST REACT! Trade safe! ⚪️⚫️ ---------------------------------------------------------------------------- Thanks for reading my analysis!🤘🏽 Remember that trading is a risky business. SIZE your TRADES according to your risk aversion! Please remember to support the idea with a BOOST or COMMENT with your highly appreciated opinion! ----------------------------------------------------------------------------
ICEUS:KC1!
by TheMarketFlow