The price of FCPO may having some adjustment after it climbed above 3000 from 2764. Once again, the price entered multi years supply zone which has been tested 4 times since late Dec 2016.
Diving into smaller picture, the price is developing a potential bearish pattern. The construction of the pattern which developed another bearish harmonic pattern in H1 time frame. A potential reversal pattern before completing a bigger pattern.
A potential trade opportunity if the price action tested & rejects from area of 3133 & fall back into the potential entry zone (small blue box) with a potential target price of 2970 & 2891.
Signing out.
Diving into smaller picture, the price is developing a potential bearish pattern. The construction of the pattern which developed another bearish harmonic pattern in H1 time frame. A potential reversal pattern before completing a bigger pattern.
A potential trade opportunity if the price action tested & rejects from area of 3133 & fall back into the potential entry zone (small blue box) with a potential target price of 2970 & 2891.
Signing out.
Note
For TP2
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.