continuation bullish modeBased on the chart tf 1h, looks still strong to bullish mode. retracement area maybe between 4254 to 4230 which is area hh before (major market structure and Fibonacci retracement 0.5 to 0.618. and theres also strong support trendline in that area. however, will see how much the gap this morning .18
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Crude Palm Oil Futures is 4,315 MYR / TNE — it has risen 2.26% in the past 24 hours. Watch Crude Palm Oil Futures price in more detail on the chart.
The volume of Crude Palm Oil Futures is 49.71 K. Track more important stats on the Crude Palm Oil Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Crude Palm Oil Futures this number is 89.42 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Crude Palm Oil Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Crude Palm Oil Futures. Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Crude Palm Oil Futures technicals for a more comprehensive analysis.