ArifHasbollah

FCPO 3 Sept 2021 : Breakout trendline

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. Yesterday's price formed a triangle pattern and breakout.
2. Price did breakout trendline and retest supply zone.

Strategy :
1. Expected price will retest the trendline before continuing uptrend.
2. Wait for bullish engulfing CS at 5min TF with bullish CS for 15min TF.
Comment:
nope.. the price just goes thru all the way up...

Waiting for a pullback for entry.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.