Crude Palm Oil FuturesUpdated FCPO 19 August 2021 : In range
Trend bias to downtrend.
Consolidation phase..
1. Yesterday's price failed to break the support.
2. Today price failed to break resistance.
3. 15min rejection + 5min CS confirmation false breakout.
Trade in the range..
Consolidation phase..
1. Yesterday's price failed to break the support.
2. Today price failed to break resistance.
3. 15min rejection + 5min CS confirmation false breakout.
Trade in the range..
Trade active
Trade closed: target reached
Hit TP 4291 = Gann level.. wait for price reaction for further trade.Note
Valid breakout. Looking for re-entry sell.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.