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Trading Idea - Cocoa, 07-12-2022
Trading Signal: #C-COCOA
| Order | Buy |
| Direction | Bullish |
| Pattern | Support Line Test |
| Interval | Daily |
| Length (Candles) | 3 |
Idea Summary
The medium term COCOA price forecast is bullish. The COCOA price is testing the support line. Most likely the price will rebound off the support while there is small likelihood it may breach below the support and test the moving average MA(200).
Note:
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