Coffee C FuturesLong
Coffee in demand
Coffee has moved from a 2020 low in May of $ 95 to the present of $ 120 ( 45 bars) .
The bias is to the long side ( all Daily MAV to upside since late June ) , and recent break of downtrend from Nov 2019.
Enter - around 119
Target - around 141 ( prior high)
Stop - 108 ( 3 atr)
RR = 2
The bias is to the long side ( all Daily MAV to upside since late June ) , and recent break of downtrend from Nov 2019.
Enter - around 119
Target - around 141 ( prior high)
Stop - 108 ( 3 atr)
RR = 2
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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.