NY cocoa may retest $6,457 support per TradingView News
New York December ICE cocoa may retest $6,457 a metric ton. A break below could open room for a move into the $6,140 to $6,282 range, with wave-cycle context pointing to $6,140 as a target.
New York December cocoa ICEUS:CC1! may retest support at $6,457 a metric ton, a break below which could trigger a fall into the $6,140 to $6,282 range.A five-wave cycle from $5,760 has completed, with an extended fifth wave.
The bottom of wave iv is around $6,140, which serves as a target.
A projec…