Cocoa CFD Technical Playbook | Downside Targets in Focus😎 Cocoa Crash Caper: Thief-Style Swing/Day Trade Setup 🍫📉
Asset: Cocoa Commodities CFD
Market Strategy: Wealth Thief Map (Swing/Day Trade)
Outlook: Bearish 🐻 — Sellers smashed through the Triangular Moving Average (TMA 1786), confirming the downtrend! 🚨
📜 The Grand Heist Plan
🎯 Entry: Deploy the
US Cocoa (CC) – Swing Long from Higher Timeframe Demand Zone
I have initiated a Swing Long position in US Cocoa (CC) inside the 4H Demand Zone marked on the chart.
• On the Monthly and Weekly timeframes, price is sitting deep inside higher timeframe demand zones, i.e., the “cheap territory” where risk–reward becomes highly favorable.
• The arrival into ou
Cocoa futures near a key technical resistance areaMARKETSCOM:COCOA futures have been trending lower, while trading within a falling channel pattern since around mid-May of this year. But we are near the upper bound of that channel. Let's see if it holds.
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75.2% of retail investor accoun
Cocoa - Chocolate is DIPPING (literally)Hello Market Watchers 👀
I bring today an update on your favorite commodity (mine actually)... 🍫
The weekly timeframe from a multi-year perspective is what's on the cover and one thing is clear - cocoa has never increased so much as it during May23' to Dec24'.
Sure inflation brought on by covid h
Cocoa Bull Run over?There’s something brewing in the charts here, and it’s not a hot cup of cocoa. We had a clear rejection at the 0.382 Fibonacci and potentially the start of a C leg in a corrective pattern.
This is lower high after the bull flag breakout pattern. If we lose support here we could break the neckline
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Displays a symbol's price movements over previous years to identify recurring trends.