u/Silly-Complex-797

Is this a valid head and shoulders pattern on ICE cocoa?

Is this a valid head and shoulders pattern on ICE cocoa?

I’m looking closely at the ICE cocoa market and I think there may be a head and shoulders pattern on the chart. I don’t have much experience with technical analysis, but visually it looks pretty clear to me.

Could anyone with experience in commodities trading or technical analysis confirm whether this pattern is actually valid?

u/Silly-Complex-797 — 7 days ago