Hello everyone, Tomorrow is finally our day. Between technicals, news and a low RSI compared to the previous low, every single condition is perfect for COCOA to break the roof. Trust us, buy when it opens, wait for the end of the day, it will somehow go up, we drew a few routes to try and show you how to expect it, but no matter what happens, do not sell, stay long.
Hello everyone, Hope you got to spend a nice weekend, let's get back to work. First of all the RSI is getting dangerously high, meaning a very likely fall in the few days. Further than the technicals, there's concrete evidence among our expertise information supplier that tomorrow is going to be a spectacular drawdown. We drew a red line in order to show you...
Hello everyone, It is now clear that we're in a downtrend, as the RSI always rises back up after each low. So there are several possible scenarios, but the most logical one would be a sharp fall towards the precedent lower low, as show the green and orange paths. The red path shows the low probability path which grows back up to close the gap that was not...
Hello everyone, It seems like we might have reached the end of the uptrend, considering external factors and technicals such as a growing RSI on the high scales indicating a change of direction very soon. However, it seems that there will be a gap or a downfall at first as usual, then a moderate uptrend which will start to collapse around 16/17h, when the...
Hello everyone, Today is a little bit special because we've incorporated our mistakes and taken some advance by adding more downforce to our patterns. First of all, we predict a big down gap at the beginning, because of night time factors. Then, it might keep going down for a while, but it will eventually come back up, first to close the gap and then because...
It seems that the price could go up to 8500/600 before the closure tomorrow night. The turnover is starting to be clear, showing a high target at least around 8400 before tomorrow night. Our advice is to buy maximum 1 hour after the opening, there will be a very little drawdown because of the last position of the price. But as soon as you see the price turn up,...
Just the update of our precedent idea. The blue path seems to be more realistic than the green one, not sure if it will stay in between our yellow security margin. But the sure thing is : the gap will be closed, launching the price towards at leats 8200/300.
Our team of experts posts our first official forecast for our most well known asset, COCOA, with a good start because it seems that it is fully going up. Because of technicals, weather and cocoa data analysis, even though the small red area at the top might reject the price if it gets too high, it seems that it could go up to 8500/600 before the closure tomorrow...
Welcome to this new page, we're a team of experts working 24/7 on metals and cocoa really detailed forecasts. Our main resources are based on news, technicals and our 3 year experience gives us a true credibility that you will see as long as we keep posting. Please keep in your mind that : - we're no professionals/counselors/financial advisers - you shall not...
Target reached with Cocoa at $26.90 7>21>200 MA Still bullish Target 2 due to an even bigger Cup and Handle sets the next price to $30.60 But with peripherals, there are a few reasons for the spike in Cocoa prices. People are buying chocolates! January is typically a busy month for chocolate manufacturers as they gear up for Valentine's Day, which results in...
Cocoa formed a W Formation (Simple). Price broke up and out of the sideways range and now looks like it's going to $26.90 RSI also broke out of its down divergence showing bullish momentum. Looks good.
Prices have been in a squeeze for a very long time ... The last days of this scramble will be like the middle of June. Prices will probably decide which way to go by this date, Up or down? In this sense; It is worth watching the 1840-1890 band for prices that are supported by the 50-day exponential average. However, we would expect prices to hold on to 1690 and...
Cocoa Futures showing some signs of rejection at relevant area of Resistance. Also note that climatic volume which makes me think that there may be selling pressure. 3D chart.
Cocoa Long - Risk Reward 2:20 Cocoa is trading below the long term weekly trend, with strong selling pressure forcing it below the expected RSI and BBands for its current bull cycle. Trade with tight stop on bottom of cyclical trend reversal. Entry price range: 1.9 - 2.0 Exit price range: 2.26 - 2.35
Cocoa futures monthly demand in control, long opportunities. Going short with monthly demand level in control is very risky and low odds. Very strong monthly demand created with proximal line at 1995. New daily demand zones being created, not yet available. Longer term long bias with this monthly demand zone in control.
Quick chart for my followers, cocoa to go long, if you have been following my other publishes then you would understand my chart without yellow full details, there may be further downtrend on the bottom yellow line but overall cocoa is on the uptrend as it has hit top yellow line. Top yellow line at 2051 Bottom yellow line at 1800 Please study your indicators...
A bullish signal on COCOA future with the target in the area $ 2870/2880 and the stop loss at $ 2320/2325.