Coffee Traders' Forum - A Discussion about Coffee Futures Trading
Coffee Traders Discussion Forum
I tend to agree but am still very cautious of upside. Maybe risk the daily100 sma to shoot for the daily 50sma, 40sma and 8ema area (126.55, 126.25, 126.10, respectively). 38.2% retrace from 12/12/17 low of 118.30 sits at 126.00 as well. I like it, but maybe more as an option play. Thanks for the chart.