Short
Short Coffee Futures

Market is clearly over-bought! 1D, 4H, 1H and 30MIN graphs all show clear signs of short opportunity.
Coffee futures experience head and shoulders patterns and the next move is clearly downward. RSI and CCI have values of 66.8725 and 184.6364 which clearly indicates SHORT pattern.
Stoch RSI is 98.6 way over 80% mark which means over-bought market with no other way of going up.
CLEAR SHORT
Coffee futures experience head and shoulders patterns and the next move is clearly downward. RSI and CCI have values of 66.8725 and 184.6364 which clearly indicates SHORT pattern.
Stoch RSI is 98.6 way over 80% mark which means over-bought market with no other way of going up.
CLEAR SHORT
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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.