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FXCruZaDer82

FCPO - Bearish Reciprocal Head & Shoulder

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Crude Palm Oil Futures (MYX:FCPO1!)  
FXCruZaDer82 Atualizado   
MYX:FCPO1!   Crude Palm Oil Futures
Harmonic Patterns Head and Shoulders bearishpattern bearishharmonicheadnshoulder crudepalmoil futurestrading FCPO1! fcpo
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harmonicpatterns headandshoulders bearishpattern bearishharmonicheadnshoulder crudepalmoil futurestrading fcpo1! fcpo
The price of fcpo has been fall more than 300 points in the distribution event from the supply zone.

The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified.

We might witness some volatility of price action in 2700 level in the event of defending the neckline area.

A violation of the neckline could potential bringing price landed to 2490 level supported with reciprocal AB=CD in the H&S structure.

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