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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.