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MyTradingSpace_JK

Aug12 - FCPO (1D) - Sideways Box, Imminent Test ~260x...

Short
Crude Palm Oil Futures (MYX:FCPO1!)  
MyTradingSpace_JK  
MYX:FCPO1!   Crude Palm Oil Futures
Support and Resistance Fibonacci Trend Lines fcpo FCPO1! fcpo1 crudepalmoil CPO malaysia malaysian malaysiastocktrading
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supportandresistance fibonacci trendline fcpo fcpo1! fcpo1 crudepalmoil cpo malaysia malaysian malaysiastocktrading
Weakening momentum finally coming into effect. 🐻
First close below UTL-L1 since July, potentially find L2, which resides near S1: ~260x
Sideway box between 2600-2800 thus far, if S1 fails, look for next support zone, S2.

Major Levels to Watch: ⚠️
  • R2: 276x-8x
  • R1: 270x-2x
  • S1: ~260x
  • S2: ~250x

My latest mobile updates available on TeL egr am ;)

Happy Hunting! 🚀🚀
-JK- MyTradingSpace

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