Cocoa Starts to give some Signals for Traders

cocoa was ranging since the beginning of 2017.

In June 2022 CC broke the 209 SMA with a high volume.

after that CC keeps testing the downline of the range.

a breakthrough that line would signal a substantial short opportunity.

it is taking into consideration the rsi that is under the 50% Line.

Let's see what Cocoa will do in the following weeks.