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Cocoa_future

COCOA on the previous highs 🦐COCOA future after hitting the 2820 level retraced back until the previous high over a daily support. From here IF the price will break below we can a test of the 0.382 or 0.5 fib level. We will wait for a new sign of inversion to see a long order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ICEUS:CC1!
by InkyGrip
COCOA on a strong bullish impulse 🦐COCOA future daily chart after the previous impulse retraced until exactly the 0.786 fib level before starting strong bullish leg. The price never retraced yet and in the next days we can expect a retracement move until the 0.382 or the level above. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ICEUS:CC1!
by InkyGrip
COCOA TO GO 'LONG' for the futureQuick chart for my followers, cocoa to go long, if you have been following my other publishes then you would understand my chart without yellow full details, there may be further downtrend on the bottom yellow line but overall cocoa is on the uptrend as it has hit top yellow line. Top yellow line at 2051 Bottom yellow line at 1800 Please study your indicators understand some, as they would help you determine a suitable entry point. use lower timeframe views such, Weekly and Daily view for a suitable entry point to go uptrend. Also, do set stop losses but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire.
NYMEX:CJ1!Long
by Dani0
Cocoa daylevel resistance 2443. Short or long? fibonacci analyseCocoa is at a heavy resistance now, 2443. Will it go Short or long? Price is exactly between two fibonacci resistances now; 2524 and 2368. I think price will bounce between these two before it breaks long or short. When it breaks the long resistance 2524, I see a target of 2674. When it breaks low; target 2153. Most difficult part are the exact positions where to buy and positions stop loss. I have some ideas about which positions to place orders, but I'll try some movements before opening them. After years of studying, learning and practicing I have developed a way of trading which can provide an profit every month by trading cfd's. The strategy I learned from an visionair is 'Cycle trading' and I have developed this further and made it my own. How do I decide to open a position or not? First I analyse: - sentiment on the market > are people in buy mode or short mode - I have some own created indicators, some I show in my charts, as; is the trend horizontal / uptrend or downtrend or volatile. - and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! one of the indicators I use here to help me is the Fibonacci sequence. - and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are Other positions than the resistances in the market! Here I work with 'the total expected possible profit' and an percentage from this total opportunity where I mostly close the trade to be safe. And that's not all at all. Also I check if the opportunity is interesting, by analyzing the charts and when I can make the conclusion that when I should open an certain trade and the possible profit would be 2/3rd of the amount you can possibly loss. So, in bad case lose 100 dollar and best case win 300 dollar it is worth the try! losing these kind of trades, I see as an investment on the possible loss. Stop loss needs to be tight here. Patience is everything, we’ll wait for the right moment! Sometimes we are in huge loss, before we end the month in good profit. This is all part of the game. Without trading positions which we lose, we could never win more than we lose. Losing orders is investing in the knowledge to trade the right one to earn money. Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
NYMEX:CJ1!
by Rich_Exclusive_Trading
Cocoa at heavy resistance now 2443. Short or long? check my ideaCocoa is at a heavy resistance now, 2443. Will it go Short or long? Price is exactly between two fibonacci resistances now; 2524 and 2368. I think price will bounce between these two before it breaks long or short. When it breaks the long resistance 2524, I see a target of 2674. When it breaks low; target 2153. Most difficult part are the exact positions where to buy and positions stop loss. I have some ideas about which positions to place orders, but I'll try some movements before opening them. After years of studying, learning and practicing I have developed a way of trading which can provide an profit every month by trading cfd's. The strategy I learned from an visionair is 'Cycle trading' and I have developed this further and made it my own. How do I decide to open a position or not? First I analyse: - sentiment on the market > are people in buy mode or short mode - I have some own created indicators, some I show in my charts, as; is the trend horizontal / uptrend or downtrend or volatile. - and this own indicators tell me when probably a new long position starts or a new short > these are the positions where I place my orders! one of the indicators I use here to help me is the Fibonacci sequence. - and again other own created indicators tell me how far long or short it probably goes. The take profit and stop loss positions are Other positions than the resistances in the market! Here I work with 'the total expected possible profit' and an percentage from this total opportunity where I mostly close the trade to be safe. And that's not all at all. Also I check if the opportunity is interesting, by analyzing the charts and when I can make the conclusion that when I should open an certain trade and the possible profit would be 2/3rd of the amount you can possibly loss. So, in bad case lose 100 dollar and best case win 300 dollar it is worth the try! losing these kind of trades, I see as an investment on the possible loss. Stop loss needs to be tight here. Patience is everything, we’ll wait for the right moment! Sometimes we are in huge loss, before we end the month in good profit. This is all part of the game. Without trading positions which we lose, we could never win more than we lose. Losing orders is investing in the knowledge to trade the right one to earn money. Thank you for following and Succes with trading ! Richard from Rich.Exclusive.Trading
NYMEX:CJ1!
by Rich_Exclusive_Trading
COCOA Short TargetI believe that Cocoa has around a 1920 short target as a price index. The Cocoa market is an exchange grade premium product with chocolate supplies running out. The demand of it as a commodity is starting to slowly be positive again. However, the HODL would be short in my opinion. This as an index, is a really risky pair in terms of overall correlations. The likelihood statistically for the past 5 years, and even the past year was negative or an overall loss on investment. The potential of a breakout or the 1920 short target is because of trading averages and the slightly positive correlations the past few weeks.
CShort
by gamer456148
Cocoa Futures. End of complex correctionHello traders. Now we are in complex correction. We saw a bullish attack ( white line), we saw bearish defence ( white rectangle) and we saw a very strong bearish attack ( another white line) so I am really expecting now for price to break 1900 level and move to one of the yellow horizontal lines. if price does not reach them, I will start seriously thinking of trend change. Before price breaks 19 level, it can pullback to yellow rectangle and give a good signal to sell. Remember: You must confirm my expectations with your own analysis!
CShort
by Magician