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vinnhaziq
Apr 5, 2024 11:13 PM

MULTIPLE SUPPORT BROKEN + FVG FORMATION Short

Crude Palm Oil FuturesMYX

Description

Multiple support levels have been breached, accompanied by the formation of a FVG (Fair Value Gap) pattern, along with the appearance of a Double Maru Sell signal. Consequently, we anticipate the price to likely retest the Resistance level before initiating a downward movement.

Furthermore, a reversal signal has been identified in the candlestick pattern, indicating the beginning of a descent.
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