Cocoa - Short term long before heading down to 2000
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Longer tails and support seems around 2400. Short term might retrace to FIB 61.8 around 2650- 2700 before going down to 2000 where strong support waits ICEUSA:CC1!
Trade closed: target reached
Target reached.Last weekly candle have long tail, so time to look for buy signals around 2000
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.