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still in consolidation of "head-and-shoulder" pattern
Crude Palm Oil Futures
still in consolidation of "head-and-shoulder" pattern
By HAIDOJO_trading
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Updated
Jul 22, 2020
7
Jul 7, 2020
this is a continuation of the previous analyst...the formation of "head-and-shoulder" is still in making...nothg much to expect...onli 2 points :
resistance : 2474-2480....
breakout frm this one to form New Structure High indicates movement to the upside...
support : 2300 or the "Neckline"...
going lower than this point indicates movement to the downside...
lower level support at 2200 - 2250...
other than that, playing within the range might spark some real risk...gudluck and gud trade...
Jul 22, 2020
Note
66) trADE
Chart Patterns
consolidation
fcpo
FCPO1!
fkli
FKLI1!
head_and_shoulder
headandshoulderscomplete
Technical Indicators
sideways
Trend Analysis
HAIDOJO_trading
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trading a possible formation of "head-and-shoulder" pattern
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