pengiran-

FCPO. WE GOT AN IMPULSIVE MOVEMENT!

Long
MYX:FCPO1!   Crude Palm Oil Futures
Key level = 2184
Critical level = 2095


Expectation: Working on the idea of wave (3) of ((3)) for FCPO market, we are hoping to see price rally toward 2235-2260 area to complete the first sequence of motive wave before entering corrective pullback.

As for now, on one significant timeframe lower, we can only see a three-structure development.
By using the Elliott Wave Rule # 3, “WAVE 4 CAN NEVER ENTER THE PRICE TERRITORY OF WAVE 1 AND 2”, our key level is set at 2184 for the sub-wave development.

Reality: Let the market decide.

Hanya Allah yang memberi.

Happy trading.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.