MyTradingSpace_JK

Dec02: FCPO (1D) - Bullish Flag Target Pointing to 3.6-3.7k 🐮

Long
MYX:FCPO1!   Crude Palm Oil Futures
CPO price consolidated past 1-2weeks, forming a nice launchpad towards higher price levels -- Bullish Flag pattern. 🚀🚀
Price still running in a mid-term up-channel, with an upside target zone: 3.5-3.6k & 3.7k; similar to which suggested by the flag.

🔔Overhead Resistance: 3.4k, 3.5k, 3.6k, 3.7-3.8k

❇️Prev idea still largely intact, only now with added bullishness from potential flag formation.

❇️❇️Longterm Outlook: R1 standing, Heading to R2

In long position for cpo, likely to be my closing trade for yr2020 local futures~ 😎⭐️

Happy Hunting! 🥂🚀
-jk-


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