COCOA | Likely to continue recovering | Week May 04-08,2026

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COCOA | Likely to continue recovering | Week May 04-08,2026Cocoa FuturesICEUS_DLY:CC1!cncstarHello Traders! On the D1 chart, CC1! has entered a downtrend but may rebond before resuming its previous trend. Wait a signal bullish candle break through the resistance level and EMA, accompanied by high trading volume, then place a Buy Stop order My target zone is around 51xx.