Cocoa is building a base since March of this year. Eventually it looks like it wants to get it on and move to higher levels.
The price projection symmetry on the monthly provided good enough support and we see signs that this base is finally over and the next leg higher has already started.
Based solely on technicals , COCOA has a minimum 100-200 upside from here which these levels would be 2250-2350 .
That would be close to a 0.382 retracement from a weekly perspective .
I am long at 2136 as of today .
The price projection symmetry on the monthly provided good enough support and we see signs that this base is finally over and the next leg higher has already started.
Based solely on technicals , COCOA has a minimum 100-200 upside from here which these levels would be 2250-2350 .
That would be close to a 0.382 retracement from a weekly perspective .
I am long at 2136 as of today .
What is your business plan ?
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What is your business plan ?
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.