"COCOA" Commodity CFD Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the "COCOA" Commodity CFD market. Please adhere to the strategy I've outlined in the chart, which emphasizes long & Short entry. 👀 Be wealthy and safe trade 💪🏆🎉
Entry 📈 : You can enter a Bull or Bear trade at any point after the breakout.
Buy entry above 11,800
Sell Entry below 10,000
Stop Loss 🛑: Using the 2H period, the recent / nearest Pullbacks.
Goal 🎯: Bullish Robbers TP 13,600 (or) Escape Before the Target
Bearish Robbers TP 8,800 (or) Escape Before the Target
Fundamental Outlook 📰🗞️
The COCOA Market is expected to move in a Bullish direction, driven by the following key factors:
🔵Macro Factors:
Global Economic Growth: Rising global economic growth, particularly in emerging markets, is expected to increase demand for cocoa.
Inflation: Moderate inflation levels in major cocoa-consuming countries are expected to support cocoa prices.
Currency Fluctuations: A weaker US dollar is expected to support cocoa prices, as it makes cocoa more competitive in international markets.
🟡Fundamental Factors:
Supply and Demand Imbalance: The global cocoa market is expected to face a supply shortage in the 2022/23 crop year, supporting prices.
Weather Conditions: Favorable weather conditions in major cocoa-producing countries, such as Côte d'Ivoire and Ghana, are expected to support cocoa yields.
Certification and Sustainability: Growing demand for certified and sustainable cocoa is expected to support prices for high-quality cocoa beans.
🟠Sentimental Factors:
Investor Sentiment: Positive investor sentiment, driven by improving global economic growth and supply chain disruptions, is expected to support cocoa prices.
Market Positioning: The commitment of traders (CoT) report shows that hedge funds and other large speculators are net long cocoa, indicating a bullish sentiment.
Technical Analysis: Cocoa prices have broken out above a key resistance level, indicating a bullish trend.
- Bullish Sentiment: 83% of clients are long on COCOA, indicating a strong bullish trend.
- Bearish Sentiment: 17% of clients are short on COCOA, indicating a relatively weak bearish trend.
- Neutral Sentiment: No explicit data available, but we can infer it's relatively low given the strong bullish trend.
📌Please note that sentiment analysis can change rapidly and may not always reflect the actual market performance. These percentages are based on current market data and may not reflect future market movements.
That this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
Cocoatrading
COCOA LONG 16/08/24Hello everyone,
We seem to struggle a little to get our higher high back, but an uptrend has been identified as you can see with RSI and the blue semi circle, so everything is going according to plan with a little more time than we thought.
IMPORTANT NOTE : at 15/16/17h tomorrow, there is a very strong risk of a brutal drawdown like the one we saw today, be very careful because it is almost sure at 17h, risky at 15 and 16h.
COCOA FULL LONG 15/08/24Hello everyone,
Tomorrow is finally our day. Between technicals, news and a low RSI compared to the previous low, every single condition is perfect for COCOA to break the roof.
Trust us, buy when it opens, wait for the end of the day, it will somehow go up, we drew a few routes to try and show you how to expect it, but no matter what happens, do not sell, stay long.
COCA SHORT 11/08/24Hello everyone,
Hope you got to spend a nice weekend, let's get back to work.
First of all the RSI is getting dangerously high, meaning a very likely fall in the few days.
Further than the technicals, there's concrete evidence among our expertise information supplier that tomorrow is going to be a spectacular drawdown.
We drew a red line in order to show you the point where you should put your SL, but it is obvious that tomorrow is the vengeance of our failure of Friday (which we are really sorry for btw)
Tomorrow is all in short, see you after for a debrief.
COCOA SHORT 09/08Hello everyone,
It is now clear that we're in a downtrend, as the RSI always rises back up after each low.
So there are several possible scenarios, but the most logical one would be a sharp fall towards the precedent lower low, as show the green and orange paths.
The red path shows the low probability path which grows back up to close the gap that was not closed yesterday, but it is highly unlikely.
We advise you to sell as soon as it opens but try to place a tight SL somewhere not too high because again, the change of a trend with cocoa can get very ugly very quick.
Hope it helps.
COCOA LONG MONDAY 05/08Our team of experts posts our first official forecast for our most well known asset, COCOA, with a good start because it seems that it is fully going up.
Because of technicals, weather and cocoa data analysis, even though the small red area at the top might reject the price if it gets too high, it seems that it could go up to 8500/600 before the closure tomorrow night.
We drew the green semi circle to show you the global movement towards the next days, even though Cocoa stays really volatile.
Our advice is to buy at the opening, there might be a very little drawdown but for the 15 first minutes maximum, so buy as soon as it opens until 17/18 without any risks.
LONDON Cocoa Future C1! - Short Term AnalysisPrices have been in a squeeze for a very long time ...
The last days of this scramble will be like the middle of June. Prices will probably decide which way to go by this date, Up or down?
In this sense; It is worth watching the 1840-1890 band for prices that are supported by the 50-day exponential average. However, we would expect prices to hold on to 1690 and then 1650 in a repeat selling pressure.
It contains only personal views and opinions. Does not contain legal investment advice ...
COCOA: On a multi month Higher High. How to trade it.Cocoa has been trading on a multi-year Channel Up since May 2017 with the 1D chart trading near the overbought territory (RSI = 70.555, MACD = 51.220, Highs/Lows = 144.4643).
If the Channel stays intact then the price should pull back towards the 1D MA200 for a Higher Low near 2,365. If however it breaks as it did in March 2018 then it can easily reach 2,940 which is the 2 year high. We have identified 2,700 as this break out point. You may trade accordingly with a tight SL.
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