COCOA Commodities CFD Market Bearish 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 Commodities CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
Stop Loss 🛑: Thief SL placed at 11.600 (swing Trade) Using the 4H period, the recent / nearest low or high level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 9.600 (or) Escape Before the Target
Scalpers, take note 👀 : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental & Positioning:
COCOA Commodities CFD Market is currently experiencing a Bearish trend., driven by several key factors.
Bearish Factors
Improved Weather Conditions: Improved weather conditions in West Africa, the world's largest cocoa-producing region, could lead to increased cocoa production and lower prices.
Increased Global Production: Global cocoa production is expected to increase in the 2024-25 season, which could lead to a surplus and lower prices.
Weak Demand from Chocolate Manufacturers: Chocolate manufacturers, who are the largest consumers of cocoa, have been reducing their demand due to high prices and weak consumer demand.
Speculative Selling: Speculators have been net sellers of cocoa futures, which could lead to a price decline.
Technical Resistance: Cocoa prices are approaching technical resistance levels, which could lead to a price reversal.
Global Economic Slowdown: A global economic slowdown could lead to reduced demand for cocoa and lower prices.
Competition from Alternative Commodities: Cocoa faces competition from alternative commodities such as coffee and sugar, which could lead to reduced demand and lower prices.
Bearish Scenarios
Global Production Surplus: If global cocoa production exceeds demand, it could lead to a surplus and lower prices.
Economic Downturn: A global economic downturn could lead to reduced demand for cocoa and lower prices.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌Please note 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 🤑🐱👤🤗🤩