Global uptrend with a bullish diamond on the support (with a bullish harami pattern inside the diamond) => STRONGLY BULLISH
But wait for the confirmation of the bullish diamond and the break up of the 100-period moving average.
Pay attention to the bearish divergence on the Relative Strength Index (RSI)
But wait for the confirmation of the bullish diamond and the break up of the 100-period moving average.
Pay attention to the bearish divergence on the Relative Strength Index (RSI)
Trade active
Cocoa broke the resistance of the diamond and is doing a pullback on itNote
Diamond invalidate
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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.
Disclaimer
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.