Coffee - Ready for a strong cup of coffee

Coffee - Ready for a strong cup of coffee

Coffee - Ready for a strong cup of coffee 

Coffee is about to get a lot strong. An Inverse S/H/S bottom has been building over the last 12 months and a break above the neckline resistance near 136.40 will complete the formation for a strong rally higher towards at least 157.95 and possibly much higher. 

If my long term count is correct, then coffee should rally all way back to the October 2014 high at 225.45 and likely even slightly above here for a move closer to 233.80 to end wave [B] and set the stage for a impulsive decline in wave [C] to below 111.05. 

JT
2014-06-23
Its been a pleasure over the years I have been following you and even better as a member the education you provide in my view is invaluable you can read books as I have but to see how you evolve your ...
Roelant
2016-06-26
Hi Elliotwavesurfer,

Your forecast of the EURUSD waves and reversals on Brexit day were spot on! This was not chaos, the crowd followed a pattern!

GBPUSD was abolutely 100% too!Unbelievably accu...
Jonathan
2017-10-24
Your work is exceptional and glad I found you.