HAIDOJO_trading

FCPO TRADING : 139) RIGHT-SHOULDER OF HEAD-AND-SHOULDER

Short
MYX:FCPO1!   CRUDE PALM OIL-RINGGIT FUTURES
this is the 1st day of the new fcpo-nov...
hi, this is haidojo trading and the number is 139...
well, what has happened today is the price tested 2710 and slided down...next level it might go to the "neckline"
2560-2605...a break lower than this level indicates that a lower-low has formed...trend has changed to downtrend...

resistance : 2780-2810

immediate resistance : 2710

lower support : 2560-2605 the possible neckline for "head-and-shoulder"

WARNING!
RISK DISCLAIMER
: this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!

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