ArifHasbollah

FCPO 9 Sept 2021 : Trade Tweezer Btm

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. 15min TF have doji CS indicate indecisive condition. The next candle after Doji usually determines the next trend.
2. 5min TF have form tweezer bottom. Testing same level 4367.
3. Both TF have oversold stochastic. Higher probability for an uptrend.

4. Bullish trend will be strong if there is bullish engulf for 5min TF.
Comment:
5min have Bearish harami + Bearish Engulfing.
Bullish still intact as long as support area 4353 still hold.
Comment:

3 inside up indicate strong bullish.. re entry chance.
Comment:
Pullback entry

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