FIRECREST

FCPO1! Analysis | 2018 : 3/12 to 7/12

Long
MYX:FCPO1!   Crude Palm Oil Futures
Based on 30 minutes chart, short term trader has taken cautious position toward FCPO1! . It has been trading within wedge formation since 12 November 2018 until last week.

Here are support & resistance level for next week.
  • Support: 2010, 1994, 1979 and 1963.
  • Resistance: 2043, 2060, 2077 and 2093.

FCPO1! might continue its uptrend even-though there is sideway signal occur based on our Trend Identifier indicator. Traders might consider to take half position instead of normal position if uptrend follow through.
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