Crude Palm Oil Futures
לונג

5) FCPO : let's play predict what will happen next week

199
next week, 13-15th Jan 2025, is the last week of fcpo-march. fcpo-Apr will emerge on 16th Jan 2025.

-IF the price retraces back to 4350-4375 region OR lower at 4300-4320 region before bouncing higher. This will probably end up as tug-of-war between bull and bear. THEN, it will probably end up as a sideway pattern...
-OR a better bullish action is the price will move above 4400 -4425 immediate resistance, retraces back and bounces higher as a strong bull action.
-IF the price falls below 4330, the current support, THEN the price will move lower.

PLS remember, I am not a guru and this is not a signal service provider. THIS is mere for fun.

#tradersupporttrader #FCPO #FKLI #futurestrader #cpop #malaysiatrader #bursa #BursaMalaysia

Disclaimer : "I am not a guru and I am working hard to make profit same as everyone else. This is not a recommendation of buy or sell, just a mere idea of trading and trading journal. Please consult your financial advisor for any thought of buying or selling. Trade at your own risk."

הערה
this is a bullish signal but bearish reaction! it has never happened before at least in the testing

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.