COCOA: Meets Strong SupportCocoa has been decreasing strongly, with sellers driving the market lower in a clear bearish run. However, price has now reached a strong support zone, an area where buyers previously stepped in with conviction. This zone will be critical to watch: if sellers lose momentum here and buyers defend the
Over optimism with Cocoa harvest?Cocoa pods usually take 5–7 months to mature. Over the past six months, conditions have been relatively dry, yet some cocoa-related news seems to overlook this factor and overlook the recent weeks rain. I’m closely watching how this will affect the upcoming harvest. In my view, current price levels
Cocoa CFD Technical Playbook | Downside Targets in Focus😎 Cocoa Crash Caper: Thief-Style Swing/Day Trade Setup 🍫📉
Asset: Cocoa Commodities CFD
Market Strategy: Wealth Thief Map (Swing/Day Trade)
Outlook: Bearish 🐻 — Sellers smashed through the Triangular Moving Average (TMA 1786), confirming the downtrend! 🚨
📜 The Grand Heist Plan
🎯 Entry: Deploy the
US Cocoa (CC) – Swing Long from Higher Timeframe Demand Zone
I have initiated a Swing Long position in US Cocoa (CC) inside the 4H Demand Zone marked on the chart.
• On the Monthly and Weekly timeframes, price is sitting deep inside higher timeframe demand zones, i.e., the “cheap territory” where risk–reward becomes highly favorable.
• The arrival into ou
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.