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Joseph_King
Aug 26, 2018 10:39 AM

Cocoa Elliott Wave Idea Long

Cocoa FuturesNYMEX

Description

Cocoa appears to have completed a multi-year correction in May 2017 to 1792 in the form of WXY; could be a great buy with a stop loss below that point.

There was a very big starting wedge for wave 1, followed by a complex WXY for what could be wave 2...Cocoa might already be in the next impulsive move towards new highs
Comments
Bo
Very intriguing analysis. That's an amazing objective! Thank you for this generous sharing of your work...
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