Bias: Long
Coffee has shown proven strength on the higher timeframe. Displacement higher confirms the bullish HTF profile, and the buy side liquidity at 435.92 is the clear draw on liquidity.
The setup
The Weekly FVG (284.21 – 297.20) is the POI. Price is not required to retrace this deep — but if it does, this is the most likely zone for reversal. I'm not chasing current price. The entry only exists if the market offers it.
Entry: Weekly FVG, 284.21 – 297.20
Invalidation: Weekly close below 239.62
Target: Buy side liquidity at 435.92
Time horizon
Slow setup. The retrace may take up to a month to develop, and delivery toward the draw could take 2–4 months.
No retrace into the FVG, no trade.
Coffee has shown proven strength on the higher timeframe. Displacement higher confirms the bullish HTF profile, and the buy side liquidity at 435.92 is the clear draw on liquidity.
The setup
The Weekly FVG (284.21 – 297.20) is the POI. Price is not required to retrace this deep — but if it does, this is the most likely zone for reversal. I'm not chasing current price. The entry only exists if the market offers it.
Entry: Weekly FVG, 284.21 – 297.20
Invalidation: Weekly close below 239.62
Target: Buy side liquidity at 435.92
Time horizon
Slow setup. The retrace may take up to a month to develop, and delivery toward the draw could take 2–4 months.
No retrace into the FVG, no trade.
Nota
Slow and steady, we wait for the right conditionsNota
Getting close to PoiNota
albeit possibly next week again, in the new monthNota
The longer we accumulate, the better. The POI grows stronger and stronger as a place of reversal.Nota
Finally in poi!Operación activa
— smikal
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
— smikal
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.