yeah!!! it looks like it will go to reach higher price...1st attempt will be 2927 price to be hit then if breaks the price (2927) it will become a strong support before it will spike to hit strong resistance at 3022 and 3038
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Lets take a look together.. if my prediction is correct and hit the target price as per studied...
FCPO..go..go..go...aumms!!
this is haidojo and the number is 166...
"higher-high is formed in hourly chart...again, no confirmation in daily chart yet...wait for daily chart ...
IF price stands abv 2900 then go for LONG..." frm my previous Quote...
now daily chart shows the same higher-high, higher-close...so uptrend persists...long on retracement/pullback now...
higher resistance :...
Price of FCPO rose tremendously in the month of July 2020, the price swung from 2562 MYR & broke 2800 MYR with slightly extended to 2808 before retracing back into the upward channel (Green Parallel Line).
On the 12th August, a bullish harmonic Bat pattern formed in hourly TF & swung upward towards the projected TP without testing the stops level. From the last...
price akan reakout di atas 2913 , target boleh ambil di 2933.
support di area 2868 , RSI masih bull area dan STOCH walaupun drop tapi masih diarea bull.
Week 38: 14 to 18 September 2020
FCPOX 2020 analysis
Last week the prices were consolidating in a wedge, it is similar to the Bullish Flag pattern.
Therefore today's price was open higher and creating a price gap rather wide.
The level to watch is MYR 2,892
If this price level is broken, the price will go higher. However, if it fails to break, then we are...
this is haidojo and the number is 164...
deep bullish gartley pattern...formation of D leg completion at 2774...SL could be below 2763, 1st tp 2805...
A leg is violated...so the gartley pattern is no longer valid...
higher-high is formed in hourly chart...again, no confirmation in daily chart yet...wait for daily chart...
IF price stands abv 2900 then go for...
Disclaimers mode on
This report was prepared by prank guessing and joke intended. Information and opinions contained herein have been compiled in bad faith and from sources believed to be unreliable, but such information has not been independently verified and me make no guarantee, representation or warranty, express or implied, as to the fairness, accuracy,...
Strong 2814 to help it to bound up to a higher price ..3038 perhaps..
Now it is in a very interesting uptrend..
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the deliverable unit is 25 metric tons, plus or minus not more than 2%.
Settlement of weight differences shall be based on the simple average of the daily Settlement Prices of the delivery month from:
The 1st Business Day of the...
this is haidojo and the number is 162...
fcpo-nov still in sideway position...
as the sideway market kicks in, we expect to have advanced patterns formation...
today there is a possible deep bullish gartley pattern...formation of D leg completion at 2774...SL could be below 2763, 1st tp 2805...
no extended target...
higher resistance : 3030-3100
immediate...
August sideways box, ranging roughly btw 2600-2800 zone has been broken, and recent test shows price chosen to stand above it aka bullish.
Immediate resistance is near, R1 @ ~289x-291x ; while new support is formed, S1 @ ~278x-280x .
Sideways-Up situation for me...
Staying above immediate UTL, L1, may send price higher above >2900
Else, we may be in another...
this is haidojo and the number is 160...
fcpo-nov still in sideway position...it is still a puzzle whether the price is going to form a higher-high or retest the support at 2850-2800...
higher resistance : 3030-3100
immediate resistance : 2900
support : 2800-2850
lower support : 2760
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading...
Week 37: 07 to 11 September 2020
FCPOX 2020 analysis
Last week the price broke the resistance level, however it was not a clean break.
It means, it was not really a sign to be bullish yet. We are anticipating two possibilities:
The key to observe is RM 2,740 - 2,750, we will see the behaviour of Price Action in this area.
(1) If the price bounce at RM 2,745...
this is haidojo and the number is 156...
juz when i think the market is going to speed up the pace in uptrend, here comes the downside...
a sudden gap-up and gap-down formed a significant "head"...pliz look at my drawing as reference. Of course, this is not enuf for a confirmation of shift-of-trend...
but juz, beware...a break lower than 2760 is a confirmation...
hi, this is haidojo trading and the number is 154...
basically, the analyst is the same with yesterday...today, we have reached the next level of resistance at 2900...
if we break abv this level, then we are looking at RM3000 the next level...RM3030 -3100...still buy on dip...
higher resistance : 3030-3100
immediate resistance : 2900
support :...
hi, this is haidojo trading and the number is 152...
As what I had said yesterday, today is a critical level for confirmation of uptrend...
we can see today, new structure high and higher high is produced...so, "long on retracement" is the best strategy now...
"buy on dip" is another way of saying this...until new structure low is formed...ganbateh...
higher...
hi, this is haidojo trading and the number is 150...
FCPO-NOV has broken through the previous high of 2810 and formed new structure high in hourly chart...
but the new high-2825 is too close to previous one(not more than 20pts)...and a possible pin-bar in daily chart...so tmr is critical...
higher resistance : 2900
immediate resistance : 2810-2825
support ...
![FCPO1!: FCPO [D] - On the right track](https://s3.tradingview.com/b/blHPUeSb_mid.png "FCPO [D] - On the right track")
