Crude Palm Oil Futures
Short
Updated

FCPO 7 Oct 2021 : Breakout support & possible retracement

221
Setup :
1. Valid Breakout temporary support for consolidation area.
2. EMA14 cross EMA50 for 5min TF
3. Price crosses below EMA14 for 15min TF.

Signal :
1. Morning star pattern / Bearish Engulfing pattern.
Note
snapshot
Note
snapshot
Note
Short trade closed after bullish engulfing.
Buyers are still strong.
snapshot
Note
snapshot

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.