HAIDOJO_trading

FCPO TRADING : 258) sudden reverse to the downside

Short
MYX:FCPO1!   Crude Palm Oil Futures
this is haidojo and the number is 258 ...

juz as bull seems like coming back and all things look shiny and glittering, all of sudden today we had a 80-pts gap down and went down...
at last, it closed at -160pts++ frm the previous day...
so now market is going down, unless the resistance 3460 is reverse, then we might have otherwise...
watch closely as the support 3167 which is also the latest low is breached or not...?
if it is breached, then lower-low is going to happen and more downside will come...


*plan your trade and trade your plan... gud luck*

higher resistance : 3309

lower support : 3167-3170

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!

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