ArifHasbollah

FCPO 13 Sept 2021 : Trade 3 Inside Up

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. Price break down trendline.
2. 3 inside up CS pattern at 15min TF.
3. 5min TF breaks market structure when price break the nearest resistance.

Strategy :
1. Wait for pullback and rejection CS @ 15min TF.
2. Potential buy zone at confluence area of uptrend and downtrend line.
3. another potential zone is when the price rejects EMA14 at 15min TF.
Comment:
Inside bar formation.

Comment:
Fake breakout usually follow by large move.. 120point
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