waiting for the zone market to take a long position. Esperando la zona para una zona de compra
Long and short CC1! Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
Sizable symmetrical triangle is the pattern. The Mar contract has already broken out. The London Softs - Cocoa, Sugar, Coffee - are all in bull trends. $C_F
2600 big resistance for Cocoa Fundamentally I can't find a catalyst to get a rally going that being said with inflation on the rise Money Flow in Commodity is very likely To be followed as harvest is just strarting.
IF Cocoa corrects as expected NICE 15% gain Potential
Prices have been in a squeeze for a very long time ... The last days of this scramble will be like the middle of June. Prices will probably decide which way to go by this date, Up or down? In this sense; It is worth watching the 1840-1890 band for prices that are supported by the 50-day exponential average. However, we would expect prices to hold on to 1690 and...
Long and short CC1! Activation of the transaction only when the blue zone is fixed/broken. Working out the support and resistance levels of the consolidation zone. * Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action,...
Volatility is dropping and the price sticks to the entry area. I am still in favour of long. The last impulsive wave was to the upside and seasonality in February is more pro-long, although it is not the best month entirely.
Cocoa daily chart forming a bullish hammer pattern, after hit the support at the bottom of the consolidation zone. If the daily hammer pattern confirmed I recommend to open long trade at market price, because i think it can go to February 2020 high price at 2900. Trade at your own risk. Please don't forget to like, follow, and comment, if you like my analysis.
As demand side economics attempts to take over the over the world - commodities should stand to benefit. #Cocoa is breaking above its declining resistance line and we are entering longs at current levels targeting the previous period high at 2800. Work stops at 2440 initially. #cc1
2500 zone is important, it is where the direction of the trend has been decided over the last swings. Cocoa also follows its long-term seasonality trends and as such should be bullish through February.
I am keeping an eye on cocoa for a low this month as January is usually bearish seasonally whereas February is usually a good month seasonally. I am looking for an entry any where around 2270(November low) or less to go long. I would be grateful for any insights/views from others who also trade this commodity. Agricultural commodities need patience and you have to...
Last correction before going higher! GOOD LUCK!