HAIDOJO_trading

reminiscence of the previous chapter - fcpo trading

MYX:FCPO1!   Crude Palm Oil Futures
after the retest of 2420 as earlier predicted, the price dropped back to 2300 and a small rebound occurred...now is the formation of "head-and-shoulder" pattern and a possible boring sideway market again...until some of the important levels are broken...either to the upside or downside...this is fcpo-sept...

currect support : 2300

current resistance : 2367 - 2420; this is the range where possible of a right shoulder is formed

higher resistance : 2470-2474 ; the formation of the head....

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