ArifHasbollah

FCPO 14 Sept 2021 : Trade Bullish Flag

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. Yesterday 15min TF consist of 3 inside up, Bearish engulfing.
2. Today's price has fake breakout when price open below yesterday low and price close back inside the range for 15min TF.
3. 5min TF has a bullish engulfing pattern.
4. Notice the bullish flag pattern.


Strategy :
1. Wait for a breakout the flag pattern
2. 15min price pullback and maybe retest EMA14.
3. Bullish reversal CS to find entry.

Target TP is 4390~4400
Trade closed: target reached
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