Coffee reached support level - this is the level to watch!

ICEUSA:KC1!   Coffee
40 1 13
We see a clear midterm downtrend. Theses days we have reached the bottom edge of this trend.

In the Chart i show a possible anticyclical shortterm Long Position as an example.

Shortterm Trading ideas:
Long @ actual Level with sl 108 / TP 130
Stopp Buy @ 122.9 with indivudual sl and TP 130

Midterm Trading ideas:
-Procyclical Stop Buy @ 140 with TP 38,2 fibo @ 157
- Midterm Short be low 114 Sl individual / TP former Low @ 100

Totally agree.
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