Long
Cocoa Long
Cocoa +4,22% today and close above 2000
CoT very bullish -> Commercials are Net Long
It looks like a double bottom is forming.
I already got a starter position.
Planning to add on possible pullback around 1970-1990.
1. Intermediate Targets 2125 and 2245
2. Main Target is the area around 2400 with the 38,2% fibo
Good Trading!
CoT very bullish -> Commercials are Net Long
It looks like a double bottom is forming.
I already got a starter position.
Planning to add on possible pullback around 1970-1990.
1. Intermediate Targets 2125 and 2245
2. Main Target is the area around 2400 with the 38,2% fibo
Good Trading!
Note
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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.
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.