MyTradingSpace_JK

July22 - CPO (1H) - Weakening Momentum, Sideways-to-Up Situation

MYX:FCPO1!   CRUDE PALM OIL-RINGGIT FUTURES
Strong rally, as price continues to break higher, momentum has been weakening since July15.
Thus, may see some sideways consolidation ahead, before market decides its next major move.

At the moment, still early to set the boundaries for potential sideways move ahead,
For now, potential range between 260x-270x, or wider, will update as price develops. :)

Happy Hunting! 🚀🚀
-JK- MyTradingSpace

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