Cocoa has been trading bullish since April 2015. It has already made five waves up. Now we are tracking Blue wave A, that may unfold in upcoming days. That said blue wave A may reverse around 61.8% fib. level. After wave A is completed, Cocoa may face a correction in blue wave B.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.