FCPO TRADING : 269) analysis daily chart
frm daily chart, we can look at the range for fcpo which is formed within a huge range frm 3200-3880...a 680-pts range...
as for what has happened today, if a lower-high is formed (today a gap-up-went-down hits as high as 3820 before going down all the way to close at 3670) at 3820, then the previous 3880 became a history, and then we look closely at 3200, the lowest-low this year-2021... (lowest hit 3166 actually) and see if it is breached and forms further low...
of course, all these numbers are too huge and requires a scrutiny to hourly chart to breaks it down...
*plan your trade and trade your plan... gud luck*
higher resistance : 3830-3880---previous high
resistance : 3720 support-turn-resistance (market is toying with us)
critical support : 3600
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!
as for what has happened today, if a lower-high is formed (today a gap-up-went-down hits as high as 3820 before going down all the way to close at 3670) at 3820, then the previous 3880 became a history, and then we look closely at 3200, the lowest-low this year-2021... (lowest hit 3166 actually) and see if it is breached and forms further low...
of course, all these numbers are too huge and requires a scrutiny to hourly chart to breaks it down...
*plan your trade and trade your plan... gud luck*
higher resistance : 3830-3880---previous high
resistance : 3720 support-turn-resistance (market is toying with us)
critical support : 3600
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!
