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edramlan

FCPO Week 7 2024 - target 3815 area.

Short
Crude Palm Oil Futures (MYX_DLY:FCPO1!)  
edramlan Aggiornato   
MYX_DLY:FCPO1!   Crude Palm Oil Futures
Trend Analysis Chart Patterns fcpo FCPO1! fcpo1 fcpodaily fcpotrader fcpomalaysia
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trendanalysis chartpattern fcpo fcpo1! fcpo1 fcpodaily fcpotrader fcpomalaysia
After going higher the price closed lower at the end of the trading day. It createed a high wick which indicate that there is still possibility that price is going lower. Based on this for Week 7, price might see a movement lower towards at least 3815 area. Will need to see the price action at this level to see if price wanted to go higher.
Commento:
The price might go lower. Stand aside for now waiting for new price action and confirmation.
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