Cocoa HTF Long termCocoa Cash ContractPEPPERSTONE:COCOASmikal- I’ve been watching cocoa closely during this retrace but never really got the setup I wanted. Probably won’t properly look for entries for some time still, at least until we go a proper shift. This would be more of a longer-term hold for me, since it can be very volatile. That said, with the right confluence, this could turn into a very strong trade. Commodities like cocoa tend to respect HTF levels really well, which is why my whole approach here is based around the higher timeframes.