Joseph_King

Cocoa Elliott Wave Idea

Long
NYMEX:CJ2!   Cocoa Futures
Cocoa appears to have completed a multi-year correction in May 2017 to 1792 in the form of WXY; could be a great buy with a stop loss below that point.

There was a very big starting wedge for wave 1, followed by a complex WXY for what could be wave 2...Cocoa might already be in the next impulsive move towards new highs

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