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MattArmstrong
Aug 3, 2020 12:23 AM

COFFEE - Short Scalp.  Short

Robusta Coffee FuturesICEEUR

Description

I have been discussing this for over a month, the long anyways....price is starting to hit resistance. I think it will break but should retrace before doing so.

This is my trade idea.

Tried some ghost price action...ominous.

Comment

got the timing on that wrong...I did say I thought it would break, but barely retraced before doing so. Coffee is on Coffee, getting high on it's own supply tisk tisk.

Trade closed: stop reached

I have re-entered this short, that impulse up cleaned out alot of shorts, and now another signal to me. I am short again. I may post it...
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