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peterbokma

COFFEE-SELL strategy

Short
Coffee C Futures (ICEUS:KC1!)  
peterbokma  
ICEUS:KC1!   Coffee C Futures
Trend Analysis coffeesell
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trendanalysis coffeesell
The pattern looks terrible for Coffee, and it starts feeling like a move towards $ 160.00.

We are starting to pick up on selling pressure and Kagi is breaking downwards.
I feel selling @ 220.00 area and stop-loss $ 245.00 and profit order @ 175 would be the set-up.
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