Cocoa Long

Cocoa has shown signs that the downtrend may be coming to an end. Based on recent price action and technical indicators, I believe that a long position could be profitable. The market dynamics suggest a potential reversal, and with the increasing demand for cocoa products, this could lead to upward momentum. It’s essential to monitor key support levels and any upcoming news that might impact prices. Overall, the outlook appears positive for cocoa in the near term.