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22/06/2021 FCPO ELLIOTT WAVE ANALYSIS

MYX:FCPO1!   Crude Palm Oil Futures
Hi Traders!

Nothing new for FCPO, as for yesterday trading session, we can see a ranging price action, no clear movement and clear structure.
Most likely we are in WAVE 4 phase where profit taking activities is take place.
My trading idea is still the same for wave 4, stay away is the best strategy.

Happy trading!

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