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MyTradingSpace_JK

Feb08: FCPO (1D) - Sideways-Up to 3.5-3.6k 📈🐮

Long
Crude Palm Oil Futures (MYX:FCPO1!)  
MyTradingSpace_JK  
MYX:FCPO1!   Crude Palm Oil Futures
Support and Resistance Supply and Demand Elliott Wave fcpo fcpo1 FCPO1! CPO crudepalmoil malaysiafuturesmarket malaysiafutures malaysiaindexfutures
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supportandresistance supplyanddemand elliottwaves fcpo fcpo1 fcpo1! cpo crudepalmoil malaysiafuturesmarket malaysiafutures malaysiaindexfutures
CPO price consolidated past 1-2weeks, supported above UTL & major EMA, bulls took back control by end-Jan.
Staying >320x-2x support will see price attempt to regain 3500 & 3600 resistance levels.

Expect volatile sideways-up situation for coming 1,2weeks till market resume after CNY 🧧🏮

🔔Overhead Resistance: 344x-9x, 354x-8x

❇️❇️Longterm Outlook: R2 tested, R1 holding on test, attempting to break above. (check out post link below)
snapshot

Happy Hunting! 🥂🚀
-jk-

Idee correlate

MyTradingSpace_JK
May03: FCPO (Hourly) - Sideways-Up, To Retest HH@419x...🐮🚀
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Feb18: FCPO (1D) - Sideways-Up btw 3.5-3.8k before breakout 📈🐮
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FCPO Q1 Outlook: Sideways-Up to ATH 4.4k-4.8k 📈🐮
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Dec02: FCPO (1D) - Bullish Flag Target Pointing to 3.6-3.7k 🐮
MyTradingSpace_JK
Sept20 - CPO (1M) - New Bull Cycle if Stays Above R@2.8-3.1k
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