Fivetick

FCPO Intraday 16102018

Fivetick Updated   
MYX:FCPO1!   Crude Palm Oil Futures
SHORT DAILY R2 : 2255 TP 2250 SL 2260
SHORT DAILY R1 : 2207 TP 2202 SL 2212
LONG DAILY R1 : 2171 TP 2176 SL 2166
LONG DAILY R2 : 2123 TP 2128 SL 2118

SHORT WEEKLY R2 : 2320 TP 2315 SL 2325
SHORT WEEKLY R1 : 2229 TP 2224 SL 2234
LONG WEEKLY R1 : 2159 TP 2164 SL 2154
LONG WEEKLY R2 : 2068 TP 2073 SL 2063

SHORT MONTHLY R2 : 2533 TP 2528 SL 2538
SHORT MONTHLY R1 : 2270 TP 2265 SL 2275
LONG MONTHLY R1 : 2072 TP 2077 SL 2067
LONG MONTHLY R2 : 1809 TP 1814 SL 1804


Trade Rules:
1)Invalid long entry if Open Price BELOW Recommendation.
2)Invalid short entry if Open Price ABOVE Recommendation.
3)No more entry after TP/SL hit.
4)No more entry within last 10 minute before market close.

All trading strategies are used at your own risk. 
This analysis is provided as general market commentary and does not constitute investment advice.
Trade closed: target reached:
SHORT DAILY R2 : 2255 TP 2250 SL 2260
HIT TP(2250)
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.