29 Feb to 04 Mar 2016: Cocoa Bulk Bean

Cocoa Bulk Bean 1

Daily chart: Price is trading at a range, approaching upwards towards the key resistance zone of around 2250. Not the time to long or short now, but a short position may be possible once it reaches the resistance zone.


Cocoa Bulk Bean 2

1hr chart: placed a short position at the resistance zone.

EP: 2240

SL: 2280

TP: 2000