Johnkiew

FCPO - Impulsive Up Swing to 2337

Long
MYX:FCPO1!   Crude Palm Oil Futures
Malaysia Palm oil have reversed trend to upside on 3 Sep when price break above 2269 (61.8% of previous down impulsive wave). The current breakup is heading 2337 according to fibonacci spiral. Trader please initiate long until market trade lower low. You can also see the spiral projection found "double top" formation at 11.089 2262. Above this level price is likely to approach the next spiral level 17.942 2337.
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