Bullish triangle pattern - waiting to be resolvedThe bottom side of this triangle was confirmed multiple times now. Waiting for a test of the upper side and/or just a breakout. The next target zone will be around 250-255 USX. Longby p4917Updated 6610
Coffee vs BTC. Coffee to the moon Coffee is mooning and BTC still sleeps. Coffee too the moon! 🚀🚀🚀Longby Option-Chain1
It's coffee time!See chart. NOTE : The thing about charting is IT IS BASED on probability based on historical price actions and patterns. But the market is forward looking and to restrict oneself to say that if the price moves to A, then it would goes to B, then C is not only myopic but also underestimate the Market which is ever changing. Price action could very well not touched the support line before retrace higher. Or price may not necessarily hit the 50% or 61.8% FIB level as precisely as we would like it to be. IT IS A GUIDE only. When one trades on a larger time frame, then the short term price movements would matters less as you are concerned with the overall direction of the product you are trading. I have find my heart beating way too fast and my emotions go haywire the time when I tried trading 15 minutes time frame or less. Sometimes, after keying in the order, I am already stopped out!! OUCH!!! Leave this fast trading game to the experts who can make millions trading thousands of trades a day. They earn their marks through years of practice , I am sure. Longby dchua1969Updated 5
Technical Outlook for the Coffee Market, backed by fundamentals.Fundamentals: The coffee Market has been in a strong bullish trend ever since a frost hit the brazil coffee belt in July / August 2021, followed by a period of drought. This left the world´s biggest producer of Arabica coffee with huge productivity losses for the 2021/2022 crop. That results in a really tight Arabica balance sheet for 2022, which could get worse through re-openings of coffee-to-go shops after Covid-19 lockdowns. The tense global logistic situation with low vessel space, exploding freight rates and shortage of containers and truckers is fuel to the already burning fire of less coffee supply than demand. What can be examined from this is, that roasters tap into certified coffee inventories drowning them to 10-year lows, an extremely bullish factor ever since. Technicals: Prices stay in an uptrend channel, that can be divided into a major channel and two minor ones. The structure stayed between those two lines while completing several Elliott-Waves. After a new ABC correction from the 160,00 cts high, prices could start a new 5-Wave up to test the upper line of the major channel at ~175,50 cts. The certified inventories sliding below the magical number of 1 million bags would support this move. Certified Coffee Inventory bilderupload.org Chart Longby JordanLong1
Coffee: continuation H&SEntry on 8 Feb with SL on same day low Today trailing stop at neckline 245Longby dan68608Updated 0
COFFEE-BUY strategyWe are still long since $ 243 and we are targeting $ 268 > 285 for now. If position new, BUY current $ 253 and place stop-loss below $ 230 for now (financial stop). Profit order first $ 268.Longby peterbokma224
an analyse about coffee kc in 15 min frame "sell"I think there is no volume but I think it's time to sellby MOHAMEDOUCHAIB3
Coffe seams to go up againa confirmed entry above 18 Moving average was good for a profitable trade 42% of the time since 2019 no target but usually I trail my stop at the low of prior two days...Longby responsibletrad8rUpdated 0
Coffee almost at 300$ target.Any coffee aficionado out there? Spotted at 151$ back in May 2021. Closing in on 300$ target right now. What inflation?Longby Badcharts227
COFFEE- BUY strategyWe have clearly violated previous DC high $ 235 and COFFEE will attempt to test $ 252 again, and I think we may see $ 265-270 area in the near term. BUYING into weakness is preferred, and I suggest we BUY $ 238-241 area preferred for a move to $ 270 profit target initially. Stop-loss should be placed $ 230 below for now. Longby peterbokma223
fundamental news about coffeeHi, let's see what will happen next 9 months - i'm curious, could be a hard time for longer term inverstors again! # La nina is coming back? # the climatic change # money printing # undervalued commodity? # best coffee crop ever 2020/21 is sold out now # inventories declining? # pandemic # consumption in the coming months # supersolarcycle # frost and drought? # I try to get more info from Vietnam Ethiopia and Colombia Longby foaramanUpdated 552
Good time to start selling CoffeeI believe coffee still has some upside, it will probably reach $290 within a few weeks. Then the demand would start to wear off and soon it will be back to the $125 range. Coffee rarely traded above the current value, any value above $250 is short-lived. So if you are into probability, there is a very high chance coffee will start to reverse its direction. But as it's advised to never go against the trend, wait for the trend to be broken before you go into any selling positions. Probably a good time to start selling coffee in small quantities, and increase the quantity when the coffee reaches near $300. Shortby titus22045113
COFFEE- BUY strategyThe downside was maximum $ 220 and it failed to move lower. The channel support has been working well, and now we MA-30 support $ 230. The stochastic start becoming negative, and this may push it back lower $ 228-231 range. Startegy is BUY $ 230-234 for a move towards $ 260 for now. Stop-loss somewhere $ 218. Longby peterbokma221
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 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 ::: 440/460 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 460 USD ::: 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 ::: 460USD 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.Longby ProjectSyndicate3371
Coffee triggered another long tradeCOT commercial index above 43 since dec 20th but now finally a push above the 18 moving average. trailing stop below the low of prior day... Longby responsibletrad8r1
COFFEE- SEL strategyIt is taking some time, but still feel that we should go further south. we have regression channel support around $ 220. The S/H/S top patter seems clear, and the DMI is slowly turning to sell mode. Strategy SELL $ 227-230 with stop-loss tight at $ 235. profit expectation is $ 187. Shortby peterbokma220
COFFEE - Sell strategyWe have turned negative now, and I feel stronger down trend may be coming. We may see $ 190-195 even. Strategy is SELL current $ 227 and place stop-loss above $ 238 and profit order at $ 195.Shortby peterbokma0
COFFEE - SELL strategyNo change in view and I think profit order might be lower to 200.00 > 190.00. Watch channel support line 217.00. The MA may turn negative and then the SELL strategy becomes strong. For those still in need to sell, SELL $ 225-230 and profit $ 217 > 200-190. Stop-loss above 237.00. Shortby peterbokma1
COFFEE - SELLWe are unable to even move a lot higher. The stochastic is negative (even low level) and I feel that we may be selling current $ 234-236 with a tight stop $ 242 and place prpfit order at $ 217. Shortby peterbokma2
Coffee causing a stir in commodity markets- Aneeka Gupta, Director, Macroeconomic Research, WisdomTree Coffee prices are trading at their highest level in 10 years and is the second-best performing commodity Year to date (Ytd)1. A combination of a production shortfall in Brazil (the world’s largest coffee producer) due to extreme weather conditions coupled with supply disruptions should continue to propel coffee prices higher in 2022. Lower inventory levels to keep prices vulnerable to supply shocks The coffee harvest has a biennial cycle. This implies that a crop year with a good harvest (the “on year”) will be followed by a crop year with a lower harvest (the “off-year”). The last crop in Brazil was disappointing not only because it was an off-year, but Brazil also faced unfavourable weather conditions resulting in weaker supply. This was evident from Companhia Nacional de Abastecimento’s (“CONAB”) latest estimate for Brazil’s 2021/22 coffee crop, which is down 25.7% over the prior year3. As a consequence of lower output, global ending inventories are expected to decline from 7.9mn bags to 32mn. The weaker forecast represents the lower availability of coffee for exports, following weather setbacks to the 2021 harvest and logistical bottlenecks. Further obstacles have emerged towards the latter half of 2021 in the form of elevated shipping costs and high fertilizer prices, which are also likely to lend a tailwind to coffee prices. According to the United States Department of Agriculture (USDA), Brazil’s coffee exports are expected to slump by 12.45mn bags over the prior year to 33.22mn bags in 2021/224. A decline of that level would represent the largest decline in volume terms by a distance and the sharpest fall in percentage terms at 27% since 1985/86. USDA has been citing more cases of “defaults”, where coffee farmers failed to deliver pre-agreed contracts on the physical market because of excessive hoarding of coffee beans amidst the steep rise in prices. USDA also expects global consumption to rise by 1.8 million bags to 165.0 million, with the largest gains in the European Union, the United States, and Brazil. Outlook for 2022/23 clouded in uncertainty While the Brazilian 2022/23 coffee crop will be an on year (of the biennial cycle), there is still plenty of uncertainty shrouding the outlook of the coffee crop. According to Fitch, the La Nina5 weather phenomenon could cause further problems for the upcoming crop. The arrival of the La Nina weather phenomenon, which tends to bring dryness in the southern part of South America for the second consecutive year, has also dampened the outlook for the coffee crop in the upcoming season. Conclusion The supply tightness on the physical market has also pushed the front end of the coffee futures curve into backwardation from contango, thereby yielding a positive roll yield of 0.2% versus -1.4% a month back. Coffee stocks in the International Continental Exchange’s (ICE) warehouses have declined further and currently find themselves at a 9-month low of 1.78mn bags. Net speculative positioning in coffee remains 1-standard deviation above the 5-year average underscoring the bullish sentiment towards coffee. While the recent rise of the Omicron variant could threaten demand as countries decide to restrain mobility, we believe the fast-spreading variant could also complicate supply-chain disruptions and potentially drive Arabica prices higher. Sources 1 Bloomberg, tracking commodity futures price from 31 December 2020 to 8 December 2021 2 Bloomberg Ticker - KCA Comdty, price performance from 31 December 2020 to 8 December 2021 3 Companhia Nacional de Abastecimento (Conab) – Brazil leading coffee forecasting agency 4 United States Department of Agriculture – Coffee: World Markets and Trade Report 5 La Niña is a complex weather pattern that occurs every few years, as a result of variations in ocean temperatures in the equatorial band of the Pacific This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance. by aneekaguptaWTE2
Coffee [14Dec2021]Follow up to he coffee trade from yesterday. I don't still know why coffee is so bullish compared to other soft commodities. But let's not search for reasons. I bought some coffee yesterday and today it is still bullish. We might see a jump to the top end of the range since volatility of volatility is rising. PS. If you followed my plan yesterday, I'd suggest to sell some and bag some profit. Goodluck ReddLongby reddan2561