I've laid out two possibilities here for JO (Coffee). We have a double TAG 618 retracement, RSI divergence and MACD curl. so a short term up movement is likely. However we still might be in an ABC correction. So a retest of the lower trend line is quite possible. If we break out of the top trendline, look for a flag before going long. GL
Coffe could be found it's multi year higher low? Will see... At the moment it could be a leading diagonal in wave 1 (primary) or A and a zig-zag in wave 2 or B... or it's just 2/A in wave 2 or B/A ... (Didin't posted my original idea here (3 month ago.... wave 5, intermediate level), but my target was $26 in JO)
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