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?
Reply
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
+1 Reply
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