ArifHasbollah

FCPO Consolidation Continue

Long
MYX:FCPO1!   CRUDE PALM OIL-RINGGIT FUTURES
1. Price still in the large consolidation zone testing SnR zone.
2. Base on the price channel , price favor uptrend movement however come with a strong seller.
3. Stochastic shows price oversold and already cross up
4. MACD angle up indicates momentum change to an uptrend.
5. Watch 4877 level. Area of confluence between upwards and downwards channel.
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