After a strong pullback to test the descending 34 days sma, we might expect a drop of coffee (march 2016 future) in the short term.
On the 4-hour chart we note a buying climax, followed by a shooting star visible in the 1-hour chart
Even the seasonality helps us: from now on the trend is bearish
So, we can expect a decrease of coffee price, in the short term, with a target set around 120$
Remember: this is not a trade solicitation and, if you decide to trade, you do it at your own responsibility.