Chart: Coffee (Arabica) Bullish Setup

Coffee (Arabica) looking to peek above the 23 and 30 EMA. Watch for confirmation by volume, otherwise, we might as well ignore price levels, too. Then, watching is just cherry picking for whatever confirms our bias. RSI indicator: neither overbought nor oversold.

Buy point 272. Pyramid positions on break above 50 SMA, supportive with the buying power of some funds. Stop loss: 264.

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