Daily CC analysisDaily CC analysis Sell trade with target and stop loss as shown in the chart The trend is down, after it breached the ascending trend line, it came back to test the descending trend line from it. We may see a strong drop.Shortby Hamed20sUpdated 0
CC - UP trend ? Bought little CC, but waiting for smaller pb for going long..by CarolusRexPublished 1
USa Cocoa commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutionsby SunstorminvestPublished 0
$COCOA - TEXTBOOK SYMMETRIC TRIANGLE You are welcome haha. In which direction do you think it is going to explode? Trail or target?by ruben_rodriguesPublished 1
$CC #Cc Cocoa Cocoa remains under strong downward pressure since May. It has failed to break above slope D. The averages are also holding a downtrend. SB base support at 2315 still holds, if this breaks the next support would be around 2200 ($80q) followed by 2150. MACD is approaching its first bounce level of -40, could make an attempt higher. Keep this in sight. If this indicator continues to drop then we may see -80 levels before cocoa attempts another bounce. Cocoa depends on the consumption of chocolate. In recent weeks, the US and the EU have reported strong increases in their inflation rate, which translates into less consumption of non-essential products such as chocolate. Another negative factor is the high cocoa stock reported this month by the US ICE stock exchange in its cocoa warehouses. The inverse relationship between the dollar index (DIX) and current commodities does not favor cocoa: the dollar index (orange line) increased to >105 when its normal average is around 96. Cacao se mantiene con una fuerte presión a la baja desde mayo. No ha logrado romper por encima de la pendiente D. Los promedios también sostienen una tendencia bajista. El soporte base SB de 2315 aún se mantiene, si este rompe el próximo soporte seria alrededor de 2200 ($80q) seguido de 2150. El MACD se acerca a su primer nivel de rebote de -40, podría hacer un intento al alza. Mantener esto en la mira. Si este indicador sigue a la baja entonces podremos ver niveles de -80 antes de que cacao intente otro rebote. El cacao depende del consumo de chocolate. En estas últimas semanas, EEUU y UE ha reportado incrementos fuertes de su tasa de inflación, eso se traduce en menos consumos de productos no esenciales como es el chocolate. Otro factor negativo es el alto stock de cacao reportado este mes por la bolsa ICE de EEUU en sus bodegas de cacao. La relación inversa entre el índice dólar (DIX) y las materias primas actual no favorece al cacao: el índice dólar (línea color naranja) incremento hasta >105 cuando su promedio normal es alrededor de 96. by ejencaladaPublished 0
Daily cocoa analysisDaily cocoa analysis A long position with the target and stop loss as shown in the chart We entered a buy position based on the uptrend data. We recommend buying from the areas shownLongby Hamed20sPublished 0
Daily cocoa analysisDaily CC analysis Sell trade with target and stop loss as shown in the chartShortby Hamed20sPublished 0
Daily cocoa analysisDaily cocoa analysis Sell trade with target and stop loss as shown in the chartShortby Hamed20sPublished 0
Daily cocoa analysisDaily cocoa analysis Sell trade with target and stop loss as shown in the chartShortby Hamed20sUpdated 1
COCOA FUTURESA strong breakdown of grandfather's strong calling levels and the start of a drop to the lowest points or demand areas that in turn are considered strong callingShortby ELHASSANE-TRAPublished 0
LongBuy at the strong support zone 2420-2440 => Stop loss if 2400 is broken (risk range 200-400$ => Take profit target area 2555 or further area is 2653 => RR ratio (RISK - REWARD) 1:4 - 1:7. The PROFIT brought back 7 times the RISK.Longby UK_LEEPublished 0
COCOA FUTURESCocoa within the Strong Grandfather Bounce Zone has broken a very strong important support and we are likely to see acceleration down and strong selling opportunitiesShortby ELHASSANE-TRAPublished 0
Chocolate - Elon MuskElon Musk tweet: "Chocolate milk is insanely good. Just had some." 09.05.2022 twitter.com I think Elon Musk is trying to tell us that cocoa is a good investment right now :D I agree with the idea. not investment advice!Longby WudorPublished 222
Cocoa Tecnical analisis on cocoa trend: Cacao rompe soporte de su canal inferior de 2500 cerrando en 2455 (contratos de Julio). Próximo soporte S1 en 2400, S2 en 2300. Promedios de media móvil ahora en negativos, reflejando una tendencia bajista a corto plazo. También más volumen de venta que de compra, otro factor para la baja.by ejencaladaPublished 0
$CC #Cocoa #Cacao Short term analysis of cocoa market trend giving the latest information on the commodity. DXY and VIX must be taken into account. by ejencaladaPublished 1
Cocoa update -24/04/2022upside focus remains, looking for a strong move higher in wave ((iii)) of 1 of (3), key level at 2453, critical support at 2333. Longby tradezignPublished 1
Cocoa Futures (CC1! ), H1 Potential for Bearish ReversalType: Bearish Reversal Resistance: 2645 Pivot: 2607 Support: 2557 Preferred case: We see the potential for a bearish reversal from our pivot level at 2607 which is in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards our 1st support level at 2557 which is in line with 100% Fibonacci projection along with a graphical swing low support. Our bearish bias is further supported by price trading below the Ichimoku cloud indicator. Alternative scenario: Alternatively, the price might break our pivot structure and head for 1st resistance level at 2645 in line with 61.8% Fibonacci retracement . Fundamentals: No major news.by TickmillPublished 2
Cocoa Futures (CC1! ), H1 Potential for Bearish ReversalType: Bearish Reversal Resistance: 2645 Pivot: 2607 Support: 2557 Preferred case: We see the potential for a bearish reversal from our pivot level at 2607 which is in line with 38.2% Fibonacci retracement and 100% Fibonacci projection towards our 1st support level at 2557 which is in line with 100% Fibonacci projection along with a graphical swing low support. Our bearish bias is further supported by price trading below the Ichimoku cloud indicator. Alternative scenario: Alternatively, the price might break our pivot structure and head for 1st resistance level at 2645 in line with 61.8% Fibonacci retracement. Fundamentals: No major news. Shortby GenesivPublished 0
Cocoa update - 13/04/2022upside focus remains, looking for a strong move higher in wave (iii) of ((iii)).Longby tradezignPublished 0
Cocoa Futures (CCK2022), H1 Bullish BounceType : Bullish Bounce Resistance : 2639 Pivot: 2552 Support : 2500 Preferred Case: Price is near pivot level of 2552 in line with 50% Fibonacci retracement and 78.6% Fibonacci projection. Price can potentially bounce up to the 1st resistance level of 2639, in line with 78.6% Fibonacci projection, along with a graphical swing high resistance. Our bullish bias is further supported by stochastic indicator where price is near resistance level. Alternative scenario: Price might continue to drop towards the 1st support level of 2500 in line with 78.6% Fibonacci projection. Fundamentals: No Major NewsLongby GenesivPublished 0
Cocoa Futures (CCK2022), H1 Bullish BounceType : Bullish Bounce Resistance : 2647 Pivot: 2558 Support : 2502 Preferred case: We see the potential for bullish bounce from our Pivot level at 2558 in line 50% Fibonacci retracement towards our 1st resistance level at 2647 in line with 78.6% Fibonacci retracement and 78.6% Fibonacci projection. Our bullish bias is supported by price trading above the Ichimoku cloud indicator. Alternative scenario: If price continues to dip towards our 1st support level at 2502 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Fundamentals: No Major News.Longby GenesivPublished 0