Crude Palm Oil FuturesPenjualan
FCPO TRADING : 207) possible formation of Double-top
this is haidojo and the number is 207 ...
a possible double-top formation ...fcpo-jan has gone into the selling region of 3070-3130...
another thing to watch out is...a possible formation of rounding top...this is supported by earlier price movement such as
when one of the critical supports 2980 was already broken...let's see if price could fall back to 2900...
if the price moves higher than 3130, then is it confirmed that uptrend persists...
higher resistance : 3200
strong resistance : 3070-3130 (abv this level is fastlane; crazy bull)
immediate support : 3020
lower support : 2900
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ
a possible double-top formation ...fcpo-jan has gone into the selling region of 3070-3130...
another thing to watch out is...a possible formation of rounding top...this is supported by earlier price movement such as
when one of the critical supports 2980 was already broken...let's see if price could fall back to 2900...
if the price moves higher than 3130, then is it confirmed that uptrend persists...
higher resistance : 3200
strong resistance : 3070-3130 (abv this level is fastlane; crazy bull)
immediate support : 3020
lower support : 2900
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ
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