Cocoa Futures (ICE) – Long Trade Setup🍫 Cocoa Futures (ICE) – Long Trade Setup
Direction: Long Bias
Contract: Cocoa (NY / ICE)
Current Price: ~7,437
🔍 Technical Setup
Price has been consolidating after the sharp run-up and has now pulled back into a key long-term trendline (yellow support).
A downtrend channel breakout is forming –
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Golden Pocket Fib (0.705–0.78) between 8,420 and 9,006
The midpoint of a previous consolidation range
A liquidity sweep followed by a strong bullish rejection
The RSI is showing a bullish di
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Frequently Asked Questions
The nearest expiration date for Cocoa CFD is Nov 14, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Cocoa CFD before Nov 14, 2025.