Trend change is coming. Potential entries and targets
ICEUS:KC1! COFFEE C® FUTURES
The COT report is bearish , the seasonal tendency is to the downside. We have a divergence in the 4h chart. So, where do we sell? I think breaking below Thursday's low or formation of lower high would be good entries. 120 has been an important level for Coffee . It has to be tested again and it is our swing target.
Trade closed: target reached:
Target reached with bonus )))