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Bias Bearish Masih KekalThis week, the market moved into the previously marked pullback zone before consolidating for a while and eventually continuing its bearish move, aligning with the previous outlook. At the moment, FCPO is still trading within a bearish market structure . Price is currently attempting to break below the 4,560 support level to establish a new Break of Structure (BOS) and confirm further downside momentum. Looking ahead to next week, I see three possible scenarios : 1. Preferred Scenario The market performs a pullback into a discount zone before continuing its move lower and printing a new BOS. If this scenario develops, traders may monitor the pullback for potential entry opportunities based on their own confirmation and trading plan. 2. Immediate Continuation The market continues its bearish momentum without a meaningful pullback and breaks below the current structure to form a new BOS. 3. Alternative Scenario The least preferred scenario is for the market to consolidate briefly before pushing higher, potentially indicating that a bullish trend reversal is beginning. For now, we'll let the market reveal its next move. Stay patient, follow your trading plan, and always manage your risk. --- Disclaimer This trading idea reflects my personal market analysis and opinion and is shared for educational and discussion purposes only. It does not constitute financial advice or a recommendation to buy, sell, or hold any financial instrument, including FCPO futures contracts. Please conduct your own research (DYOR) and make your own trading decisions based on your risk tolerance and trading plan.
MYX:FCPO1!Short
by fiqafiq17
FCPO: Bullish?MYX:FCPO1! stuck in range between 4370 to 4687. If you plot the area you can probably see an ascending triangle developing. Top of the triangle is a horizontal line connecting two swing high at 4687. If price break and close higher then price would probably going bullish. Right now price is more or less within the lower range of the triangle. If price close above 4533, I'm expecting it to bounce higher and if it can break 4595 then the eventual target for this long position is 4687. Happy trading. 💰🚀
MYX:FCPO1!Long
by edramlan
2
FCPO: Looking for SHORT.MYX:FCPO1! Price is still trapped within the range between 4687 and 4370. Overall bias still favors the bearish side. There are three parameters to consider: Parameter 1: If price breaks 4518 and closes below it, bearish continuation is likely, initially toward 4445, then potentially toward 4370. Parameter 2: If price breaks 4575 and continues higher toward the 4600 area, the overall outlook remains bearish. Therefore, I will still be looking for short opportunities. Parameter 3: If price breaks 4575, continues higher, breaks the 4600 area, and closes higher, the bearish probability becomes lower. A further break above 4687 would be significant because 4687 is also a 4H swing high. A break above this level may signal that the bias is starting to shift bullish. In that case, it is better to stand aside and observe the next price action. Happy trading 💰🚀.
MYX:FCPO1!Short
by edramlan
3
FCPO Xmas Update: Pullback to 3979 area.Based upon our Directional Efficiency model, the current bullish price action is lacking the bullish energy. It is not an expansion but rather a distribution/absorption. It seems that the bearish price action is still in dominance. The model expecting that price making a pullback towards 3979 price area. If bullish efficiency didn't improve then this area is not a bullish pullback but instead it would be a support and a break will signal a bearish continuation. Happy trading!
MYX:FCPO1!
by edramlan
FCPO Week 47 2025: Transition to bullish?Price is in consolidation. It has 2 weeks to follow through on the double top but so far it held. This might indicate that it is in transition to possibly going higher and bearish is losing momentum. Two options next week: 1) Price close and stay above 4200 then we might see price going bullish towards 4300 and 4400. 2) Price close and stay below 4070 then price possibly continue lower towards 3900. Option 1 is most likely and have higher probability. Happy trading.
MYX:FCPO1!Long
by edramlan
FCPO Week 45 2025: Retrace or consolidation to continue bearish.Bearish overall. However there is a sign of bearish exhaustion.Price making swing lows but the momentum has declined thus signalling that price might retrace before resuming lower. However looking at 15m chart this retracement is not started yet. Still no higher low or higher high yet. Monday session might give a bit more idea. Retracing towards 4300 is possible but next week would probably where price going into consolidation then retracement before continuing lower. Happy hunting!
MYX:FCPO1!Short
by edramlan
FCPO Week 43 2025: Consolidation or bearish to 4300?Happy Deepavali! Price has shifted from bullish to a potential bearish. Momentum to go higher has been greatly reduced. A key reversal created on Friday could be the Lower High for a bearish move. There is a potential of double top. Still early since it is yet to confirm. If price can break and close below 4490 then bearish could go and test 4300. Price will confirm double top once if break below 4270 area. If there is no momentum this week then another consolidation is expected with a view for a break to a lower price. Happy trading.
MYX:FCPO1!Short
by edramlan
3