SIGNAL TERMINATED – COCOA SHORT – TAKE PROFIT
The signal is closed with an appreciation of over 15% of the investment in the margin.
ORIGINAL TEXT: Cocoa Short. Cocoa follows half-monthly trends. The current downward trend is bounded by a resistance line, which forms a natural boundary for the next possible rise. The current above-average upward movement is the last move of long speculators. CA analysts believe that the situation in Ghana and Côte d’Ivoire will further weaken the market.
Graph source: WebTrader