kkgoh87

FCPO Bearish move into Daily reversal zone

Viés de baixa
MYX:FCPO1!   Crude Palm Oil Futures
Support seems broken as the bears are gaining strength.
Daily chart seems to have a strong bearish momentum that breaking into the Reversal Zone1 & 2.
Zone 2 is the stronger 1, if broken, price seems moving downwards towards -61.8% of the daily Fibonacci retracement range.

There will be a short opportunity if the bulls fade again as second confirmation, in the lower timeframe.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.