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ShahRidzal

FCPO Update EOD 11/1/2019

Long
Crude Palm Oil Futures (MYX:FCPO1!)  
ShahRidzal Updated   
MYX:FCPO1!   Crude Palm Oil Futures
Trend Analysis Chart Patterns Wave Analysis
3
0
trendanalysis chartpattern waveanalysis
It is just my observation.
The pattern is yet to complete.

However, looking at round numbers, 2150 has been tested so many times without successfully penetrated. MAYBE 2200 will be tested one more time, and if successful, will cause the price to move higher.

Otherwise, adjust your SL accordingly.
Trade closed manually:
2150 breached. Closed Long Position at loss.
Comment:
Re-enter BUY on April Contract yesterday at 2185, 2200.
This pattern still in play.
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