Cocoa Futures!!If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading.Longby elmehdisaddati4
my xmass trade is every year COCOA longits the best time of the year, so people buy lots of chocolate end of october there is usually an up trend in the cooca futures market for entries a long above 18 sma is the most simple entry and an exit would be a 3 bar trailing stop or the new highLongby responsibletrad8r0
WHAT'S FLOWING: METALS | FX | CRYPTOS | COMMODITIESXPDUSD (Palladium): Bearish outlook. The chart indicates potential resistance around the current price levels, suggesting a downward move may be in play. AUDCHF: Bullish. Positive price action with upward momentum signals the potential for gains, as AUD strength seems to dominate CHF. CADCHF: 13:02by moneymagnateash0
Cocoa Crisis 2024 skyrockets prices, outperforming S&P500 The price of cocoa has risen 130% this year, making it the most revalued commodity, surpassing even copper. There are two times of the year when cocoa is harvested, and poor rains and crop diseases have dented the crop in Côte d'Ivoire and Ghana, responsible for more than half of the world's cocoa CLongby ActivTrades7
COCOA LONGCocoa (ICE) price oscillated in a rectangular pattern. Price finally made a breakout, after the breakout the price retraced because it hit the 61.8% golden ratio Fibonacci level (not plotted in this chart), then continued its path upwards. After measuring the rectangle height, I projected it to defLongby hungryOatmeal45285
Cocoa Futures Long position - triangle chart patterns Buy MKT ( Market order) at the current market price - 8092 And bonus buy limit at price 7721 Stoploss 7521 Take profit 8921 and 9609Longby UK_LEEUpdated 5
The Cocoa price can now fall as fast as it rose in six months.The Cocoa price tripled in six months from autumn 2023 to February 2024. So what now? Some have predicted that the Cocoa price will continue to skyrocket? Probably not.. The Cocoa price can now fall as fast as it rose in six months. Technical Analysis of Cocoa Futures: If we first look at the Shortby StockCharts3659
[CC1!] Cocoa end of correctionOn this asset I have been looking for since a while, I took my first entry around $7,000 rejection and first TP at $10,000. Today I can see another entry point for my trade and will wait now for a break of the $10,000 with potential new ATH. Great Trade !Longby ArnoSG115
Sell Sept. Cocoa at 80.40 limit, stop 86.60, target 71.60Looking at the volatile cocoa market, trying to take advantage of the swings: sell Sept. Cocoa at 80.40 limit, stop 86.60, target 71.60Shortby Cannon-TradingUpdated 1
COCAO is bitter~Cocoa bull run is over! This a very high probability chart setup for a big down move over time. If you made your money take it and run! If you never owned it watch the chart and learn If you are short Enjoy your gains don't be quick to take profits.Shortby RealMacroUpdated 1111