COCOA on the previous highs 🦐

COCOA future after hitting the 2820 level retraced back until the previous high over a daily support.
From here IF the price will break below we can a test of the 0.382 or 0.5 fib level.
We will wait for a new sign of inversion to see a long order.

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Follow the Shrimp 🦐

Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.


Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Yorum:

Continuation to the 0.382