Cocoa price
Perfect set up of cocoa 16/04. After it touched resitance at 10800 cocoa withna really strong uptrend and overbought market calms down and left us with a start of the week bleeding. The bloodbath will continue till 2-3 days more where it could touch level 0,236 of fib, if we see a floor on that price we could go back to levels of 0 of fib or we could go more and more down to levels of 0,618 (even though seems less probable with the uptrend strong market).
Not financial advise
Not financial advise
Aviso legal
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