HAIDOJO_trading

does this look like an alien to you?

MYX:FCPO1!   Crude Palm Oil Futures
Does that figure/pattern look familiar to you...? does it appear like some sort of alien shape to u or juz another common pattern known as "inverted head-and-shoulder" pattern...I found out that this pattern are quite popular amongst fcpo reversal patterns/signals...other than Double Bottom...normally you look for this at near bottom for a possible reversal signal...

anyway, I totally missed this...so tis is the kind of mistake you anticipate when you trade pattern, as sometimes the "eyes" are not capturing those meaningful patterns...so I had better stick back into resistance level- current 2420... a breakout might retest 2475... a critical resistance or the "head" formation of a possible larger "head-and-shoudler" pattern...pls refer back to my previous episode if you feel lost...

that's all for today...many thx

if you like this kinda trading idea, pliz like and follow...

WARNING : any ideas in this section should not be perceived as hint for BUYING or SELLING, trade at your own risk...
Comment:
trade 71....

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