Crude Palm Oil Futures
Panjang
Telah dikemas kini

FCPO (Ringgit) - DOWNTREND CHANNEL

64
Short term buy FCPO target resistance to T1 to fulfill range within downtrend channel. if momentum is strong, potential to break T1 (resistance becomes support) to head to T2. Stoploss is set at S1 (short term) and S2 (medium term). Bottom channel is where we should buy and top channel is where we should sell.

Potential Head and shoulder pattern is developing. once pattern completed, it's a potential reversal signal.

Short term Long to top of channel, Medium term Long (if H&S pattern confirmed)
Nota
price is expected to push thru T1, buy on weakness.
Dagangan ditutup: hentian tercapai

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.