KC - Coffee futures - Sell set up - EW analysis COFFEE C FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) ICEUS:KC1! cyclewave Welcome guys, CycleWave is the top author sharing trade ideas based on EW analysis since last five months on the global stocks, currency pairs, cryptos, future indices and commodities . You can follow us to get more trade ideas/analysis. KC Coffee futures - It is within ABC zigzag down move, where B wave was corrected in complex wxy correction in ending diagonal c in y wave. The drop should be expected sharp down. So stay bearish at current level with stop loss above 113. 40 for target below 100 level. There is a chance of C wave extension too. But next price action will reveal the how C wave down will reach the target. Dump it down from current level. There is also a chance of B wave extension if price crosses above invalidation level. so stay small in size unless it made a new low. Give thumbs up if you really like the trade idea.