If you've been bearish on Coffee since 2011, you've been on the right side of the trade as Coffee has lost 66% of its value in a couple of years.
Due to long-term Fibonacci support and extreme sentiment, members bought coffee calls a few weeks ago, which has been a good trade so far.
Now, coffee is making an attempt to break above a very important resistance line.
Bottom Line
A breakout would be bullish for Coffee (JO).