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SHORTING FCPO NEARLY 100 POINTS !!!!
Crude Palm Oil Futures
Short
SHORTING FCPO NEARLY 100 POINTS !!!!
By elyas_elora
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Jan 15, 2021
1
Jan 15, 2021
as you can see the price action been linger at the vwap which seems undecided
however majorly its still on downtrend therefore once the retest of 3576 failed with a wick no body has pass the vwap
its a good sign of shorting take a positon at 3570
theres a gap between 3560 to 3540 which easily broke
my next suport is at 3520 if its break we can see 3500
it did fake a bit going back to 3560 but failed and continue to sell off
exiting my position at 3480 with about 90 point
what a good morning ride guys
Harmonic Patterns
Trend Analysis
elyas_elora
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