Cocoa short at 11,400 for a thousand dollars

2024年12月5日

There is a potential short entry between the 11,200–11,400 zone, which aligns with a strong supply area causing a break of structure (BOS). This supply zone has shown significant resistance in the past, suggesting it could act as a reversal point.

The target for this short trade is around the 9,600–9,200 level, where buyers are expected to come back.

This setup depends on price reaching the identified supply zone and rejecting it aggressively. Monitor price action for confirmation signals before entering the trade.

if you are a beginner you can follow me and you will see when I enter and exit the trade.

2024年12月9日

注释

Enter short now at 11,250

2024年12月9日

注释

TP 80% now at 790. We might even re-enter with short again. Stay tuned.

2024年12月12日

注释

Sell now at 11,375. Half position. so total size 75%.

2024年12月13日

交易开始

Update now when price is 12K. The price is close to the resistance at 12,200. So it can climb till there. No action for now and hold position

2024年12月13日

注释

Selling more Cocoa at 12,300. Avg 11,800

2024年12月18日

注释

Selling more Cocoa. Avg 12,159

2024年12月18日

注释

There is too much buying pressure driven by fundamentals. I will hedge now the position at 13,720. Avg 12,159. More update will follow

2024年12月20日

注释

Take off hedge. Back short

2024年12月26日

交易结束：到达目标

Close all short now at 11,840. In total this trde gave 1,100 dollars profit. Enjoy...