HAIDOJO_trading

FCPO TRADING : 295) uptrend still intact

Long
MYX:FCPO1!   CRUDE PALM OIL-RINGGIT FUTURES
this is haidojo and the number is 295 ...

after a retest of the historical high 4430-4525 which was failed at the end of July, yesterday we could see that the bull has not given up yet...
close to 170-180 pts rally up yesterday shows that bull still wants its share in the fcpo market. However, whether the uptrend momentum will continue or not is still a questionable quote. As the momentum of uptrend has a powerful swing yesterday, a few scenario might appear today. Either continuation of the momentum or the exhaustion and reverse.

that's all for tdy ...if u are frm malaysia, be safe, stay at home...

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

higher resistance : 4476-4525(the record high)

immediate support : 4080-4190

lower support : 4050

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!