cantestogo
Long

KC1! - COFFEE: EXPECTING A WAVE UP AFTER THE CORRECTION

ICEUSA:KC1!   Coffee
73 2 5
COFFEE             seems in an uptrend continuation. I'm expecting a deeper correction and a new wave up. A breakout on rising trendline invalidates the setup.
Great analysis, it's exactly followed what you predicted.

Still long? What's your target?
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cantestogo franciskim
Thanks! My target was the 160 area. We have already reached that point. There is the possibility for one more bounce but there is a bearish divergence. A dangerous trade. The potential bounce could be something like this
snapshot
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