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26/9/2022

Cocoa

Cc1 2022 09 26 10 48 16

After the decline and breaking the bottom of 2313, the commodity became to decline in the coming period, and we expect the completion of the ((E)) leg at lower levels that may reach the level of 90% before the rebound and reversal and the decisive point 2092

26/9/2022

Cc1 2022 09 26 10 56 19

cocoa
After the decline and breaking the bottom of 2313, the commodity became to decline in the coming period, and we expect the completion of the ((E)) leg at lower levels that may reach the level of 90% before the rebound and reversal and the decisive point 2092

03/09/2022

Cocoa is now witnessing an ascending impulsive wave c after ending the triangle wave b at 2236 to complete the zigzag wave (d) of the triangle wave (IV).

Cc1 2022 08 31 23 20 37

Cc1 2022 08 14 04 22 55

We expect a thurst higher in wave c of (d), a key level at 2092, the moving lower than this key level will let cocoa break the critical support at 1756 and then the triangle will be bigger and cocoa will be in wave (c).

Cc1 2022 08 14 04 22 45

From wave ((III)) high, we expect cocoa to form a triangle in wave ((IV)).