Short
cocoa Short
Cocoa has broken previous support line. It then retested the now new resistance line and has bounced off that. Expecting prices to hit a 127.2% fib extension of AB. SL will be P + 1.8 x ATR = 142.82
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.