COCOA overbought, high demand, low supply, but overbought
Hi guys, we are going to take a look at a short term correction on the Cocoa, hence it has reacehed very high level in the RSI area, and it is very overbought. Keep in mind that this commodity is very volatile so treat with caution and be careful with your risk management!
Entry: 12,650
Target: 12,039
Stop: 13,080
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Entry: 12,650
Target: 12,039
Stop: 13,080
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Trade fechado: stop atingido
Stop has been reached, the Cococa is being very volatile, will be re-analysing things to see an additional re-entry! Stay tuned will update you.
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t.me/Capital55DG
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Join my Telegram community for Forex trading insights, real-time news, educational content and friendly support. Let's grow and succeed together! -
t.me/Capital55DG
t.me/Capital55DG
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.