This week, Coffee futures have approached a significant weekly supply zone, where the Market
tested the area with a sharp spike, followed by a clear rejection. Currently, traders are watching for a potential re-entry into this same level, aiming for a swing trade targeting the monthly demand area. Additionally, seasonal patterns for coffee suggest a possible bearish trend, reinforcing the outlook for a potential downward move. This confluence of technical resistance and seasonal factors presents a strategic opportunity for traders to position for a downside continuation.
✅ Please share your thoughts about KC1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
tested the area with a sharp spike, followed by a clear rejection. Currently, traders are watching for a potential re-entry into this same level, aiming for a swing trade targeting the monthly demand area. Additionally, seasonal patterns for coffee suggest a possible bearish trend, reinforcing the outlook for a potential downward move. This confluence of technical resistance and seasonal factors presents a strategic opportunity for traders to position for a downside continuation.
✅ Please share your thoughts about KC1! in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
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🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/
🔥 UP to 4000$ BONUS: forexn1.com/broker/
🟪 Instagram: instagram.com/forexn1_com/
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.