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Timonrosso

Cocoa looking sweet for upside to $26.90

Long
Cocoa Futures (ICEUS:CC1!)  
Timonrosso  
ICEUS:CC1!   Cocoa Futures
Trend Analysis Double Top or Bottom Technical Indicators cocoa Cocoa cocoa_future cocoa_trading cocoa_setup
2
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trendanalysis doubletoporbottom indicator cocoa cc1! cocoa_future cocoa_trading cocoa_setup
Cocoa formed a W Formation (Simple).
Price broke up and out of the sideways range and now looks like it's going to $26.90
RSI also broke out of its down divergence showing bullish momentum.
Looks good.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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