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6.11. 10:24_Signal UPDATE Coffee Long from 21.10. 14:58_TAKE PROFIT
SIGNAL TERMINATED – COFFEE LONG – TAKE PROFIT
The signal is closed with an appreciation of over 33% of the investment in the margin.
ORIGINAL TEXT: Coffee Long. Arabica coffee is currently falling after reports of a reduction in potential demand due to the globally lower market power of the population. The previous increase due to bad weather in the growing areas and the impact of Covid 19 has shifted to the background. According to analysts, this behavior of the coffee market is only temporary. For this reason, they continue to insist on a possible growth in the price of this black delicacy. Due to another possible time-limited decline, they publish an analysis at the limit price.
Graph source: WebTrader
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