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Cocoa Cash Contract
Short

COCOA forecast w/c 3 April 2023

104
It looks like COCOA is setting up to cool off.
I'm not sure if it'll go lower than 20EMA - I consider this a low risk trade. I don't see the market going much higher without small correction first.

This is not a trading advice. Trading is risky. Always do your own analysis.
Trinnisia_Trades
20ema-pullbackcocoaDivergenceforecastTechnical IndicatorsRelative Strength Index (RSI)shortTrend AnalysistrinnisiatradesWave Analysis

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.
20ema-pullbackcocoaDivergenceforecastTechnical IndicatorsRelative Strength Index (RSI)shortTrend AnalysistrinnisiatradesWave Analysis
Trinnisia_Trades

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.