HAIDOJO_trading

FCPO TRADING : 292)at the crossroad

MYX:FCPO1!   Crude Palm Oil Futures
this is haidojo and the number is 292 ...
First of all, my apology for the delayed episode...heavy duty...
after a full-raged bear tore down fcpo on 14th June last month, fcpo-sept has been slowly and gradually step up..till now...right at the crossroad...
IF fcpo-sept emerges higher than the current resistance ranging frm 3880-3950,THEN higher-high is formed...and a new uptrend is formed...
bullish rotation is said to be formed...
IF the challenge to retest the this resistance fails, THEN it goes back to the previous downtrend...
that's all for tdy ...if u are frm malaysia, be safe, stay at home...

*plan your trade and trade your plan... gud luck*

higher resistance : 4073-4200

resistance : 3880-3950

immediate support : 3874-3880

lower support : 3300

WARNING!
RISK DISCLAIMER
: this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!

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