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Nemo_Confidat

COFFEE (Continuation) LONG - Update; Just a USD/Real Short ...

Long
Coffee C Futures (ICEUS:KC1!)  
Nemo_Confidat Aggiornato   
ICEUS:KC1!   Coffee C Futures
Trend Analysis Harmonic Patterns Chart Patterns Coffee coffee_trading coffeelong coffee_futures coffeeforecast coffeeanalysis coffeetrend coffefutureslong
4
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trendanalysis harmonicpatterns chartpattern coffee coffee_trading coffeelong coffee_futures coffeeforecast coffeeanalysis coffeetrend coffefutureslong
... 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.
Trade chiuso: obiettivo raggiunto:
+34.00 pts.
snapshot
FLAT - for now.
Trade attivo:
SHORT
snapshot

Idee correlate

Nemo_Confidat
Coffee (KC); Let's get ready to break out those SHORTs ...
Nemo_Confidat
COFFEE - LONG (for now); Free coffee for your Great Depression!
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