This week in the futures world, we had Cocoa 7 time email alerts. So took a look at the 7x email alerts. Typically a 7 time email alert is high probability for a trend to begin. But it can also be a high probability to reverse. You can do the same for a 6 time email alert. Lets take a look at this at past week high probability email alerts.
We can see here on the the 2hr that its struggling to break out of the cloud. We do have a high time frame matching level so this where it should hold. It could just be buying time. If it fails then look for it to break this matching level and look for a pull back to it. Lets take a look at the chart.
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