Short

Target hit. Further downside on 1D. Short.

TP hit on the previous short as Coffee C moved below the previous Lower Low at 112.00. The price is still on a long term 1W Channel Down (RSI = 41.160, MACD = -3.390, Highs/Lows = -2.5643, B/BP = -9.5600) with 1D now in need of printing a Lower High (Williams = -45.358, Highs/Lows = 1.2521) between 114 and 117.50. The next TP for our KCU8 short is 100.000.
Chart PatternsCoffeeCommoditiesHarmonic PatternskcKC1!Trend Analysis

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