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Cocoa Cash Contract
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COCOA

Oleh DRDollFace
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Cocoa potentially is making EW. So far it have made wave 1 and correction ,now it's potentially on wave 2. Immediate downtrend was broken- retested and price bounced to north. On daily chart price is staying in the symmetrical triangle. I would like to see on 4h.chart price sustained above ema200. Cocoa is driven mainly on fundamentals, so price jumps could be very sharp to either way.
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Closed my cocoa trade, will observe from here
Chart PatternsTechnical IndicatorsTrend Analysis
DRDollFace

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