Cocao Feb17

By Genghis
Updated
Long term looks very bearish
- Supportive trend line (green) from started in 2002... broke down last year
- H&S pattern set up
- H&S neckline touched up but 1870 not taken out yet

Looking at potential pull back to broken trend line (green), up into 3000
Comment
Eye on a move above 2100
snapshot
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Currently trading down at 1910
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Trade active
Long at 1915, SL 1860
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Added to long at 1883
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Above 2000
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Sat under trend line resistance at 2060
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looking good at the moment... in buy dips mode
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Added to long at 1980
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Looking at using LCOC to reinitiate long
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CocoaKC1!ZW1!
Genghis

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