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CC1! - COCOA POSSIBLE BREAKOUT WITH HIGHER HIGHS

CC1! - COCOA POSSIBLE BREAKOUT WITH HIGHER HIGHS

Cocoa ICEUSA:CC1!

COCOA0.00%% is in a corrective phase on weekly chart. I'm expecting one more wave down to previous lows or near the rising trendline before a strong wave up. Good possibilities to make higher highs. A strong breakout on rising trendline invalidates this setup.