Probing a Coffee Long; Chess Moves

I just went long JO, the ETN for coffee, at $24.07 with a protective stop-loss $22.60. 

As I discussed earlier this morning, coffee is outperforming virtually all commodities today. It has been disappointing after a promising first week of 2015. 

Still, seasonal trends are favorable and the technical setup on the daily chart, below, is for Friday's weakness to amount to a false breakdown from the highlighted (in light blue) triangle. 

Simply put, I am playing for a snapback rally in coffee.