COMMODITIES - RICE ZR1 - Breakout ImminentLine of Least Resistance determined by Underlying Conditions in my Global Macro Campaign.
Price Action Behavior suggests short attack taking advantage of sellers at previous breakout, to accumulate for next wave... which is building up quickly.
I will know if my suspicions are correct at the median line.
US-China tensions will make the supply scarce, and NATO + allies' free trade agreements are under pressure due to pandemic handling. I speculate a global shift towards domestic production, if not military tensions... Nations will most certainly need to stockpile food!
Other Commodities of interest:
Coffee:
Wheat:
Soybeans:
Corn:
GLHF
- DPT
Coffee
Coffee Re-accumulation! Hello my beauties.
The chart of coffee suggests a violent bullish breakout of a multi-year downward trendline. The price will probably continue its uptrend, but it is now signalling the beginning of a phase of re-accumulation; the price has reacted strongly with a sudden move to the downside that has stunned the price sideways. I will wait for further development to make sure the schematics play out as expected. I will wait for the price to breach the range in red to the downside, only to quickly recover within the range itself; the successful retest of the bottom of the range would be my buy signal before the uptrend continuation.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
COFFEE WK1: 100% Gains SWING setup BUY/HOLD(NEW)(SL/TP)Why get subbed to me on Tradingview?
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-2000+ ideas published
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-before/after analysis
-24/7 uptime so constant updates
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COFFEE WK2: 100% Gains SWING setup BUY/HOLD(NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: COFFEE WK2 chart review
::: chart is LOG SCALE
::: setup still valid expecting
::: 100% gains final TP BULLS
::: global inflation driving prices
::: also global warming heavy impact
::: cycle high for the market is near
::: 300/320 USD BULLS control the market
::: 12/24 months as global economy
::: is starting the recovery right now
::: BULLISH CYCLE is ON BUY DIPS
::: BUY/HOLD get paid / swing trade setup
::: BUY ANY DIPS / final TP bulls is 175 USD/ bbl
::: 100% upside from current market price
::: WAIT for dips and reload (BULLS)
::: recommend to BUY/HOLD
::: recommended strategy: BUY/HOLD
::: bullish super cycle in coffee market
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 100USD fresh demand zone
::: 300USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS / MORE GAINS
::: Sentiment outlook mid-term: BULLS / SUPER CYCLE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Expect the price of your cup of coffee to increase. We have both technical and fundamental justifications as to why coffee is the next inflationary trade to jump into.
With supply chain issues and the seasonal changes in Brazil affecting coffee production and shipping, we can expect the value of the black breakfast gold to rise. Latin American coffee farmers are also reported to have gone on strike in the last few months to demand better prices for their produce as they are barely turning a profit.
Technical wise, the symmetrical triangle break shows us the fundamentals are playing out on the charts.
KC1! COFFEE FUTURES:FIBO PULLBACK WITH FUNDAMENTAL NEWS...Coffee prices on Thursday extended this week's rally. Coffee has moved higher this week despite concerns about coffee crops in Brazil. Weather has predicted above-average temperatures in the coming month for Brazil's coffee-growing regions, which could further stress Brazil's coffee plantations. Recent frost events in Brazil have damaged coffee trees. Surveys conducted by the government found that last month's frost events reached 194 municipalities and more than 80% were affected in some way. Control authorities said on August 3 he said sharp swings in temperatures over the past 30 days in Brazil have triggered severe defoliation of trees in coffee growing areas.
Nevertheless we can see how the chart is in a Situation of Pullback, with Volumes and Stochastic Indicator coming out of the Oversold area with divergence. The price has harmoniously rebounded on Fibonacci levels and our opinion sees the price of coffee rise also due to the possible decrease in stocks.
Do you think the cost of coffee will grow?
MARKET ALPHA - UNUSUAL OPTION ACTIVITYI am going to post some more ideas from our unusual options screener.
After seeing some of the plays uncovered here I think it would be awesome if more people could benefit from charts and ideas like this one.
For this post we are looking at Starbucks. We are seeing increasing call activity come in on the October 1st Contract at the 125 strike. Let's see how it plays out! Thanks for tradingview for allowing the feature where we can easily track the progress of ideas.
NASDAQ:SBUX
DBC commodity indexDBC commodity index, Commodity prices have stalled but should continue higher as mother nature continues to go haywire interfering with the growth of crops. with a lower yield and ever increasing demand producer prices must raise to accommodate for the hardships therefor that price increase should become reflected on the index price as well.
COFFEE:UPTREND|NEW BULLISH FIBO IMPULSE| LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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TATA COFFEE PICK UP A NEW RALLY found a pullbbackNSE:TATACOFFEE buy above -210 or pivot level
stoploss -195
target-245
tata coffe is moving on upward trend and little pullback then pick up a new rally
as usual all of them says as, i am not a sebi registerd analysist. so before take a trade you can do your own analysis.
your openion about this script you comment the below
thank you dudes
Caffeine Rush! | Coffee Futures - Short Idea for JO Taking a page from Lumber futures back in May, coffee is the latest commodity to party like it's tech circa '99. I don't trade the "softs," but I did find a coffee ETN symbol: JO and may look to fade the caffeine rush when the extreme sell condition cools off. Hot coffee! DOn't get burned. :)
COFFEE WK1: 100% Gains SWING setup BUY/HOLD(NEW)(SL/TP)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
COFFEE WK1: 100% Gains SWING setup BUY/HOLD(NEW)(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: COFFEE WK1 chart review
::: chart is LOG SCALE
::: setup still valid expecting
::: 100% gains final TP BULLS
::: global inflation driving prices
::: also global warming heavy impact
::: cycle high for the market is near
::: 300/320 USD BULLS control the market
::: 12/24 months as global economy
::: is starting the recovery right now
::: BULLISH CYCLE is ON BUY DIPS
::: BUY/HOLD get paid / swing trade setup
::: BUY ANY DIPS / final TP bulls is 175 USD/ bbl
::: 100% upside from current market price
::: WAIT for dips and reload (BULLS)
::: recommend to BUY/HOLD
::: recommended strategy: BUY/HOLD
::: bullish super cycle in coffee market
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 100USD fresh demand zone
::: 300USD fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS / MORE GAINS
::: Sentiment outlook mid-term: BULLS / SUPER CYCLE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
USDBRL Is this an early Buy Signal for Coffee?The USDBRL pair has been trading within a steady 2-decade long Channel Up, which is well displayed on this 1W chart. As you see last time it formed a 1W Death Cross (MA50 crossing below the MA200) after a Higher High, it dropped significantly and that was still a fairly early buy signal on Coffee (KC) on a long-term 5-year horizon.
At the moment USDBRL hasn't made a new High in more than 1 year and the 1W MA50 (blue trend-line) is rolling over. Can this be a very early buy signal on Coffee before confirmation comes by the 1W Death Cross? It would appear that way and in our opinion that is an excellent long-term buy opportunity on Coffee futures.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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COFFEE Bullish Bias! Buy!
Hello,Traders!
COFFEE broke the key weekly level
And then broke out of the bullish triangle
Continuing its bullish rally further up
Looking at the chart, the next strong level is around 176$
Which means that coffee can grow by about 8.5% more from the current levels
Until we see a meaningful pullback
However, the pullback will be short lived
As the current price surge in coffee is due to the drought in Brazil
Which led to the corp failure of up to 100% in some areas
Thus, the 176 level is not the limit!
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
COFFEE (Continuation) LONG - Update; Just a USD/Real Short ...... and nothing more.
Coffee remains a pure currency play on the USD/Real. - And with the Central Bank of Brazil hiking rates faster than any other central bank, this is mostly a one-way trade going into the seasonal peak.
Fundamentally, there is no evidence (0, zilch, nada) that there would be any supply issues at present - despite popular misconceptions to the contrary.
Long July Coffee At Bargain Basement PricesCoffee price have fallen into bargain basement levels following recent EU lock-downs. However, Brazilian supply dynamics remain bullish, the Brazilian currency just broke its 6-session losing streak, and the EU will eventually be open for business. So when things seem to be at their worse, now is the time to buy. Best option: buy vertical call spreads. I like July options long 125 call, short 140 call.
Coffee daily/4h descending triangle to the weekly support levelCoffee is forming a descending triangle in the daily/4h chart. Also, the price is at a major support/resistance level. There will be a retest at 130-131 level. If rejected again, most likely the price will fall down to the 115 level in the short-mid term.
There is a good support level in the weekly chart, most probably this will hold and coffee could become bullish again. This time it will target 160.
This is just an idea, not trade advice. Do your own research.