cocoa was ranging since the beginning of 2017.
In June 2022 CC broke the 209 SMA with a high volume.
after that CC keeps testing the downline of the range.
a breakthrough that line would signal a substantial short opportunity.
it is taking into consideration the rsi that is under the 50% Line.
Let's see what Cocoa will do in the following weeks.
In June 2022 CC broke the 209 SMA with a high volume.
after that CC keeps testing the downline of the range.
a breakthrough that line would signal a substantial short opportunity.
it is taking into consideration the rsi that is under the 50% Line.
Let's see what Cocoa will do in the following weeks.