Swing Failure of Bottom (FCPO)
Hey Traders,
Above sharing is regarding a futures product (Crude Palm Oil) by Bursa Derivatives Malaysia. We have been testing out this product lately and found this product is respecting major trends and patterns flawlessly. So here is our plan for today.
For the past weeks, the supply of CPO has shown negative data and the trend is slowing down. We have seen a clear breakout of trendline and price has created a Higher High (Our 1st Confirmation of Trend Change). We shall expect if the 4300MYR level is breached, the price shall continue rising to next 4400MYR. More plans soon regarding this product. Happy Trading!
https://www.tradingview.com/x/JK30GuK1/
Above sharing is regarding a futures product (Crude Palm Oil) by Bursa Derivatives Malaysia. We have been testing out this product lately and found this product is respecting major trends and patterns flawlessly. So here is our plan for today.
For the past weeks, the supply of CPO has shown negative data and the trend is slowing down. We have seen a clear breakout of trendline and price has created a Higher High (Our 1st Confirmation of Trend Change). We shall expect if the 4300MYR level is breached, the price shall continue rising to next 4400MYR. More plans soon regarding this product. Happy Trading!
https://www.tradingview.com/x/JK30GuK1/
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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.