Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I apologize for not being able to post the Renko chart of daily coffee here, but you can copy and paste the tradingview url to see it. Renko style removes time and affords a cleaner display of price only. Please note the context in which the descending wedge is in and the fact that a long term uptrend line supports the coffee price right here now. The giant saucer bottom started rising, only to be interrupted by the huge descending wedge. Anticipate resumption of the prior uptrend I can imagine. The other url is a tutorial on Renko. I hope this works for you all.