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Probably continuation uptrend on COCOA
Long
1- Support
2- 50 % fibonacci
3- and of abc correction
4- Bottom of channel
5- fast grow in first week on february
6- Eliott teory
7- Big volume
Negative-
- Non-comercial make new short position
- Commerzbank and Rabobank forecast 2000$ and 2800$ for Q1
1- Support
2- 50 % fibonacci
3- and of abc correction
4- Bottom of channel
5- fast grow in first week on february
6- Eliott teory
7- Big volume
Negative-
- Non-comercial make new short position
- Commerzbank and Rabobank forecast 2000$ and 2800$ for Q1
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