TradingView
edramlan
Mar 17, 2024 12:13 AM

FCPO Week 12 2024 - bull taking control. Long

Crude Palm Oil FuturesMYX

Description

FCPO is making a push higher. Still with bullish view unless shown otherwise. As price didn’t go in a straight line, it is expected that it might retrace a bit towards 4200 area (this is also the area to look for entry to go LONG) to fill up the gap before making another bullish push. If this happens next week, then another leg higher should target the previous high and eventually target the 4425 area.

Comment

Now is a good time to go LONG!
Disclaimer: not a financial advise. :-)
Comments
ryugentrades
I scalped instead just now. 10 ticks gain. Sold at 4240. I small timer. Still learning futures trading. Prefer scalp for better heart health. Ha ha
edramlan
Going LONG at 4235 🚀
ryugentrades
Let’s see if it continues upwards now that reached 4200 and rsi on one hour chart hits 50. If rebound will be nice entry soon
More