Feb18: FCPO (1D) - Sideways-Up btw 3.5-3.8k before breakout ๐๐ฎ
Sideways-Up bias before the eventual Longterm upside breakout to 4k & beyond, commodities are seeing across-the-board rise on hyper-inflationary risk, thanks to massive money printing.
CPO price bounced off major S @ ~3200, subsequently reach R1-R3 upside mentioned in previous post.
Expect further consolidation near wide range top (3500-3800) region, potential retest UTL, before the expected major breakout to 4k & beyond.
๐Overhead Resistance: 3.6-3.7k, 3.8k
๐Support Zone: 3.5k, 3.4k
โ๏ธ All R reached on bounce off range low (check out post link below)
โ๏ธโ๏ธ Major Breakout in progress on Longterm chart, link below
Happy Hunting! ๐ฅ๐
-jk-
CPO price bounced off major S @ ~3200, subsequently reach R1-R3 upside mentioned in previous post.
Expect further consolidation near wide range top (3500-3800) region, potential retest UTL, before the expected major breakout to 4k & beyond.
๐Overhead Resistance: 3.6-3.7k, 3.8k
๐Support Zone: 3.5k, 3.4k
โ๏ธ All R reached on bounce off range low (check out post link below)
โ๏ธโ๏ธ Major Breakout in progress on Longterm chart, link below
Happy Hunting! ๐ฅ๐
-jk-
ืจืขืืื ืืช ืงืฉืืจืื
