Cocoa Futures: CC1! Potential Pullback at Familiar Supply Zone

3 Jul

Cocoa 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) report. We're watching for a reversal pattern within these highlighted zones, signaling a shift from the current upward trend. This anticipated pullback, driven by commercial market participation, could offer a compelling entry point for traders looking to capitalize on a potential reversal in the agricultural commodity.

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21 Jul

Dagangan aktif

28 Jul

Nota

I'm moving my SL to Breakeven here.

6 Ogo

Nota

Still Holding.