pengiran-

MINOR WAVE 3 IN ACTION

Long
pengiran- Updated   
MYX:FCPO1!   Crude Palm Oil Futures
FCPO 19.05.2020
Key level = 2038
Critical level = 1916

Expecting a 5 wave sequence to complete wave 3 in a larger degree, with an objective around 2180-2200 area.

Trade probabilities, not possibilities.
Comment:
Price hit target area. looking for evidence that wave 3 (circle) has completed.
If the top is in place, expecting a pullback in corrective fashion for wave 4.
Trade closed: target reached

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