There is a reliable resistance ahead. Seasonality hasn't been positive for cocoa in December/January over the past years, but historically, from February on, there has always been an uptrend. I think it can begin earlier in this cycle, but either way we have an excellent technical setup here.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.