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ArifHasbollah
Feb 21, 2023 2:27 AM

FCPO 21 Feb 2023 : Reaccumulate/Distribution? 

Crude Palm Oil FuturesMYX

Description

1. So far price still uptrend movement in the channel.
2. Price still test EMA50 15min.

Expect sideway movement to form reaccumulation or distribution pattern.

5min :
1. Price breakdown EMA50 multiple times but back up again = Strong buyer still have upperhand
2. EMA12 still above EMA50 = uptrend

Comment

Trading opportunities?
Big candle, Low volume near EMA12

Comment

Sustain above trading range or break below?

Comment

Stopping volume

Comment

Another SV?

Comment

Multiple SV

Comment

Price below EMA12+EMA50.
EMA12 below EMA50

Price now still in ranging mode
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