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Aug 5, 2020 8:30 PM

US Coffee futures ( KC1!) - stay short for C wave  Short

Coffee C FuturesICEUS

Description

US Coffee futures ( KC1!) has completed ABC zigzag up side where C wave was extended impulse.

It dropped in wave A in 15 min time frame, so get in to sell trade in B wave near 124.25, with stops above invalidation level above 127.50 for target of C wave down up to 116.50, which is the 4th wave zone of internal wave of C previous wave of Up cycle.
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