Feb08: FCPO (1D) - Sideways-Up to 3.5-3.6k ๐๐ฎ
CPO price consolidated past 1-2weeks, supported above UTL & major EMA, bulls took back control by end-Jan.
Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels.
Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY ๐งง๐ฎ
๐Overhead Resistance: 344x-9x, 354x-8x
โ๏ธโ๏ธLongterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below)
Happy Hunting! ๐ฅ๐
-jk-
Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels.
Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY ๐งง๐ฎ
๐Overhead Resistance: 344x-9x, 354x-8x
โ๏ธโ๏ธLongterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below)
Happy Hunting! ๐ฅ๐
-jk-
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