ew-forecast

Cocoa : Trend May Be Facing A Correction

ICEUSA:CC1!   None
Cocoa has been trading bullish since April 2015. It has already made five waves up. Now we are tracking Blue wave A, that may unfold in upcoming days. That said blue wave A may reverse around 61.8% fib. level. After wave A is completed, Cocoa may face a correction in blue wave B.


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Elliott Wave Service
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