Long Chocolate📌 Cocoa Futures: Seasonality, Trading Strategies & Market Drivers
Cocoa is more than just the foundation of chocolate; it’s a soft commodity with centuries of economic significance. Once used as currency by ancient civilizations in Central and South America, cocoa became a global commodity after th
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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 –
Cocoa Futures: CC1! Potential Pullback at Familiar Supply ZoneCocoa futures (CC1) are approaching a key demand zone previously tested in March 2025. This area, highlighted on the chart, presents a potential for a pullback, fueled by likely buy orders from commercial traders, as indicated by bullish sentiment evident in the latest Commitment of Traders (COT) r
Cocoa $CC Evidence leans toward a bearish scenario due to the breakout below 9,200 and seasonal weakness in summer months. However, traders should remain open to bullish reversals, especially if institutional buying continues, and consider range-bound strategies if volatility stabilizes. Monitoring fundamenta
Cocoa Bounce From Demand – Can This Lead to a New 2025 High?On June 11th, price reacted sharply to a key demand block around the 8,880–9,000 zone, which aligns with:
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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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.