Great opportunity to get short cocoa (CCU). 2.5 Reward/risk. Let's see if it is going to follow the other softs. Again if we trad below 3180 level we should see a fast drop towards 3160 and lower without looking back. If we lose momentum better to get out quickly.
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LEONES
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Cocoa dropped and retraced intraday on the 1st of August 2014. Closed the short position at BE