HAIDOJO_trading

FCPO TRADING : 220) still on persistent uptrend

MYX:FCPO1!   Crude Palm Oil Futures
this is haidojo and the number is 220 ...

today is the first day of fcpo-feb and that is not a real drop of 100pts...
it is more like the continuation of last month's price which extended into this month...
so the direction of the trend is still undefined yet...
price might test the previous higher-low at 3160, the rectangular space...
but before that, it needs to fall below 3260 - the previous high first///
which is the level where it turns frm resistance to support...
3350 is now the resistance level and supports are at 3260 and 3160...

*plan your trade and trade your plan... gud luck*

higher resistance : 3414-3450

resistance : 3350

support : 3260

lower support : 3160 (deciding bull/bear)


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