fcpo-dec still stuck at the current resistance 2890-2900...if the price breaks abv this, it will retest 3033-3100... a level which were tested in Dec2016-Jan2017, Jan this year and also last month, mid-Sept... level abv 3100 has not yet been reached ever since 2012...8 long years! so let's see what might happen next... if this level (2890-2900) doesn't hold, then it will find support at 2820-2800... unless 2700 level, which was the latest low is broken, if not, overall fcpo is still in bullish state... so long on retracement is the strategy now...
strong resistance : 3030-3100 (abv this level is fastlane; crazy bull)
immediate resistance : 2900
support : 2820-2800
critical support : 2800(below this is bear)
WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
**your "LIKE" and "FOLLOW" are my main source of motivation to continue posting more valuable contents...TQ
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.