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ViclreTrade

BULLISH ON COCOA

Long
Cocoa Futures (ICEUS:CC2!)  
ViclreTrade Updated   
ICEUS:CC2!   Cocoa Futures
Chart Patterns Support and Resistance
2
0
chartpattern supportandresistance
Global uptrend with a bullish diamond on the support (with a bullish harami pattern inside the diamond) => STRONGLY BULLISH
But wait for the confirmation of the bullish diamond and the break up of the 100-period moving average.
Pay attention to the bearish divergence on the Relative Strength Index (RSI)
Trade active:
Cocoa broke the resistance of the diamond and is doing a pullback on it
Comment:
Diamond invalidate
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