Cocoa FuturesGiá lên
COCOA BULLISH BIAS
Ok Leo, do you want me to buy something that is already at a supply zone? That’s exactly what I am telling you to do, and why? Well mainly because big speculators, aka “smart money” just turn net long at this!
Ok, so I just go long at the market? Not so fast, There’s a big supply zone one weekly and price will react from that point. So you can adopt two behaves:
Conservative
Aggressive
CONSERVATIVE:
You will wait for the breakout of the supply zone and enter at the pullback
AGGRESSIVE
Yes, you will take at market, try to work your order as these markets do not have a lot of liquidity or you can get a big spread and slippage.\
Ok, so I just go long at the market? Not so fast, There’s a big supply zone one weekly and price will react from that point. So you can adopt two behaves:
Conservative
Aggressive
CONSERVATIVE:
You will wait for the breakout of the supply zone and enter at the pullback
AGGRESSIVE
Yes, you will take at market, try to work your order as these markets do not have a lot of liquidity or you can get a big spread and slippage.\
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