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mdalifalwi

FCPO Trade - 20 Oct'20 (Morning Session)

Crude Palm Oil Futures (MYX:FCPOF2021)  
mdalifalwi  
MYX:FCPOF2021   Crude Palm Oil Futures
Trend Analysis Chart Patterns tradevsa VSA volumespreadanalysis fcpo futures
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trendanalysis chartpattern tradevsa vsa volumespreadanalysis fcpo futures
- Price on slow and steady Uptrend; saw some Resistance at 2808 and price bar is small with average to low vol.
- Set Buy Stop at 2809; Entry Point triggered.
- Set Stop Loss (8pts) and Target Profit (12pts) and monitor trade.
- From Entry Point to the 5th bar, price slowly moving up but the vol. is getting lower and lower; decided to exit trade on the 6th bar with 4pts profit.

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