ArifHasbollah

FCPO 7 Oct 2021 : Entry Setup Fail Break Resistance

Short
MYX:FCPO1!   Crude Palm Oil Futures
Reason Entry :
1. Price reject and unable to break high resistance area 4x
2. Near Gann level.

Resistance Setup :
1. Small resistance level establish when price failed to break for 2x
2. Resistance confirmation when big volume + big body CS appear to fail to break the resistance
3. Resistance confirmation when price break below after big CS.

Supposedly add into setup :
1. Bearish engulf
2. Fake breakout

Win 41 points.
Risk 21 point.
Comment:
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