AntMwah
Long

Long above $2100

NYMEX:CJ1!   Cocoa Futures
This has broken from the very protracted downtrend and bottoming over the last 12 months. You can now see two horizontal lines of resistance - one of which the price is currently sat at - we also have a parallel channel on the RSI which I think needs to break.

To my eye we need to see to move above $2100 and we should be in for a long hold and run.

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