Fcpo!
FCPO Wait and seePossible short if break uptrend pitchfork and trend line. But long if price reject at trend line or bottom line of uptrend pitchfork.
FCPOZ2019 movement prediction 30.9.2019Based on the latest 4 hour chart, I think the price will continue to move south to complete wave 3 if support at around 2134 is broken according to Dow Theory. If I draw my fibo ext correctly, next target should be around 2105.
Trade at your own risk.
FCPO 18-21 September?My first publish idea on FCPO trading Still learning the basic.
Overall trend is bearish next week from the chart
FCPOV2019 Still Bearish MomentumGap down upon market open still bearish momentum. Bears are pushing the price down. If you have no position, wait for chart pattern reversal and confluence with momentum indicators. Possible reversal today but wait for the bears to finish play.
FCPO: Hourly EW Count - Jun 28th 2019Weekly demand zone between 1863 - 1953 is being tested yet again. A small overshoot of wave 5 (circle) below 1940 is expected rather than a truncation with dashed line governing the extreme. Any strong movement below dashed line or 1900 price level will require a recount.
#contengconteng #fcpo #crudepalmoil
Bullish Gartley Pattern in hourly?FCPO formed a bullish gartley in the hourly time frame.
There is a high chance the market may move upwards and retest previous structure highs.
However there are no guarantees in trading. Hence stops can be considered at 1,960 and below, which is the X leg of this gartley. A close below this 1,960 will kill off this bullish gartley.
DISCLAIMER: ABOVE ARE BASED ON MY OWN ANALYSIS, IT'S NOT A BUY/SELL CALL AND DOES NOT CONSIDER YOUR RISK APPETITE.
