CCCH2020-CCK2020
There goes another one of our alerts in the commodity spreads.
In this case it is an intramarket spread on cocoa.
You buy the March futures (CCH2020) and sell the May futures (CCK2020)
After a retracement phase within the seasonal window, the breakout of the Middle Valley level between the two highs took place, thus forming the classic "Double Top".
The statistics of the past 15 years, together with the technical analysis, guide us in mentally positioning the Stop Loss, and in the platform the Take Profit.
SELL LIMIT @-09.00 STOP LOSS @01.00 TAKE PROFIT @-39.00
There goes another one of our alerts in the commodity spreads.
In this case it is an intramarket spread on cocoa.
You buy the March futures (CCH2020) and sell the May futures (CCK2020)
After a retracement phase within the seasonal window, the breakout of the Middle Valley level between the two highs took place, thus forming the classic "Double Top".
The statistics of the past 15 years, together with the technical analysis, guide us in mentally positioning the Stop Loss, and in the platform the Take Profit.
SELL LIMIT @-09.00 STOP LOSS @01.00 TAKE PROFIT @-39.00
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La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
fb.me/theswisstradingschool
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.