Week 33: FCPOX 2020 We are still Bullish
Week 33: 10 to 14 August 2020
FCPOX 2020 analysis
Last week the prices were ranging in a tight consolidation, our Buy Limit was not triggered yet; my view towards FCPOX 2020 remains the same.
Buy at retracement level, hence we minimize our risks.
This week trade call similar to last week with a small refinement:
Buy Limit at 2611
Stop Loss at 2560
Take Profit at 2790
Risk Reward ratio = 3.6R
Disclaimer:
This is for education purposes, you may follow with your own lot sizing and risk appetites.
As usual, I would like to make it as a habit, once your position(s) is/are in the profit zone, please move your positions to Break Even.
FCPOX 2020 analysis
Last week the prices were ranging in a tight consolidation, our Buy Limit was not triggered yet; my view towards FCPOX 2020 remains the same.
Buy at retracement level, hence we minimize our risks.
This week trade call similar to last week with a small refinement:
Buy Limit at 2611
Stop Loss at 2560
Take Profit at 2790
Risk Reward ratio = 3.6R
Disclaimer:
This is for education purposes, you may follow with your own lot sizing and risk appetites.
As usual, I would like to make it as a habit, once your position(s) is/are in the profit zone, please move your positions to Break Even.
Trade active:
The Buy Limit is triggered and we are in the profit zone now.