FCPO NOV 2024 - HIGHER TO COMPLETE WAVE 5 OF CWave C of Flat correction in larger timeframe. Invalidation 3686 Expecting price to move higher to complete the last sequence of motive structure. Elliott Wave Rules: "Wave C in a flat correction is always impulse or diagonal."Longby pengiran-2
Journey FCPO. Part 4So what now to do? We want to make sure price break HH. If that happen, find entry around H for sharp entry. Or if you are too lazy and can bear with floating, have big margin/ equity just use H as your entry point. Hope my explanation in part 1 till now help you guys understand trading using SNR/ SND better. Let’s success together. Drop some comment if you find this helpful. Longby reezajai2
Journey FCPO Latest. Part 3Drop to M15. Readjust your RBR Box to make it neat and easy to read. So if you look closely there’s HNS pattern. Mark the shoulder (Low). So when price come back to RBR and hit the line. boom!! Change to candlestickLongby reezajai1
Journey FCPO Latest. Part 2If go to M30, it shows that complete double bottom pattern and price have break the neckline (red line). There’s also a RBR zone that created while price break the neckline. Wait for price return to RBR zone and boom!! Change to candle stick for double check. Longby reezajai2
Journey FCPO latest. PART 1Remember that never find sell in red box. Only find sell in green box. Direction for now in H4 is buy. Direction buy! Sell is retracement! Follow on part 2 for more. Longby reezajai1
Direction Now : Long Due to price gap up and break 1st and 2nd resistance (red line) now price must retrace/ pull back to box. I’ll wait for price come to box and change to M1 chart for confirmation to buy. (HNS/ Double Bott/ Triple Bott)Longby reezajai4
Green Box Sell AreaBiggest direction (H4) still in downtrend. Meanwhile, price is pushing upwards due to pull back / retracement. My short area / sell area is in green box. To be exact price is same as red line in the box.Shortby reezajai1
FCPO Week 32 2024: Bearish in motion?Yesterday's movement might have broken the range. However, a retracement is expected, presenting an opportunity to sell. Consider selling with a target of 3600.Shortby edramlan0
FCPO Week 31 2024: Waiting for break thorugh.Last week, prices moved within a narrow range between 3900 and 4000. Unless there is a significant move that breaks through this range, either higher or lower, the market will likely remain neutral. This week, pay special attention to this range, particularly the levels closer to 4000, as a breakout in this area could signal a strong market move.by edramlan7
FCPO - Futures Crude Palm Oil Buy to continue trend as price is pullback after break nearest resistance. In HTF, price direction is SELL. H4 support have broken.Shortby reezajai5
FCPO Week 30 2024: Slight bullish potential.Last week, it was anticipated that the price would retrace higher before moving lower. However, this did not materialize. The 3900 to 4000 range remains a critical area, with the price continuing to move within this band. Currently, forecasting the outlook is challenging, but based on recent price reactions, the market appears to favor the bulls. Next week, we will be looking for opportunities to buy, anticipating that the price will move higher. Like, comment or follow if you like to idea.Longby edramlan113
FCPO Week 29 2024: Bearish in motion.Based on last week's price action, FCPO appears to be trending lower. Pay close attention to the price movements between 3955 and 4000. If bearish price action is observed within this range, it could present a good opportunity to enter a short position. Like, comment or follow if you like to idea.Shortby edramlan3
FCPO Week 28 2024: Support retest and then higher.Last week, the price broke through the 4,000 resistance area and closed above it. However, it hasn't moved significantly higher and is currently consolidating. It's expected that the price might retest the 4,000 area before moving higher towards the 4,200 level. If the price drops significantly, the outlook could change, potentially reversing the trend. Given the short trading week, adopting a wait-and-see strategy to observe the next price action might be wise.Longby edramlan115
FCPO Week 27 2024: still in range. Neutral.There was a slight upward movement last week, likely due to the price reacting to the support area. However, strong resistance remains at the 4,000 level. The recent bounce from support might reach this resistance and result in continued consolidation. Range traders can benefit from this environment while it persists. Trend traders, on the other hand, may prefer to wait for a significant breakthrough above the resistance or below the support levels to confirm a new trend.by edramlan222
FCPO : A CONFLUENCE OF MULTI FACTORS, WHEN AND WHEREMTF-Trend & SnR is based on two measurement instruments namely Multi-timeframe Average True Range (ATR) to analyze market trends while Multi-timeframe Pivot Low High to know supply and demand (support & resistance). Exactly, it answers the confluence of "when" and "where" as a factor for traders. 5 minutes chart 5 minutes combination with GCOV5 & TCD osc get more clearly confirmation and SnR by TraderAsist5510
FCPO Week 26 2024: Indecision.Another week of consolidation for FCPO. The price remains range-bound, suggesting that without a decisive move higher or lower, FCPO is unlikely to make significant progress. For range traders, consider going long at support levels and targeting resistance, or vice versa. For trend traders, it may be prudent to wait for clearer price action. A strong movement toward either support or resistance is necessary to establish a meaningful trend.by edramlan4
FCPO Week 25 2024: Still in consolidation.The price remains within its range, showing minimal movement last week. Despite expectations, it has not made any significant progress upward. The outlook suggests that the price could move higher, but it needs to close and sustain above the 4,000 level to see a substantial increase. Based on the current consolidation, we observe that the price may have formed a rounded bottom, potentially creating a cup and handle pattern with higher highs (HH) and lower highs (LH). These are positive indicators for a bullish move, but momentum is still lacking. If it is indeed going higher then the 4135 is the immediate target. If the price breaks below the LH area, it could move lower. The best approach for the upcoming week is to adopt a wait-and-see strategy, looking for confirmation of the next price movement.by edramlan6
FCPO Week 24 2024: Slowly higher.Earlier in the week, prices dipped below the neckline, but they recovered slightly by the week's end, closing just above the neckline. The 4000 price level remains a resistance area. Despite this setback, the bullish outlook is still intact, with prices continuing to consolidate. Next week presents an opportunity to go long, with the target price remaining unchanged from last week.Longby edramlan2
FCPO1! LONG PREDICTIONafter gap down to fill imbalance candle H4 and make new swing LOW the prediction today will going up after rejection candle on H4. This only a trading idea TAYORLongby shahfx930
FCPO Week 23 2024: Bullish?The price broke through the neckline with strong momentum and retraced slightly on Thursday, creating a buying opportunity. It then continued higher on Friday, confirming a rounded bottom pattern. From here, the price is expected to continue rising. A long position targets 4135 initially, with a potential move to 4230 depending on next week's price action.Longby edramlan115
FCPO1 bullish momentumafter very big bullish momentum price predictions will going up to $4027 for intraday. ABC pattern will appear at bigger TF to move to second zone above $4100 (fibo retracement 50% daily). TAYORLongby shahfx93114
FCPO RANGINGafter a bullish momentum setup FCPO will continue its momentum on opening session either "gap up" or price open continue at the yesterday closing price. So trading plan is ABC / 123 pattern to the H4 swing high.Longby shahfx932
FCPO Week 22 2024: Consolidation mode continuing?Expecting another week of consolidation. Would really like to see price to move lower to the range support and bounce higher from there and perhaps even higher to close above the range resistance. Another week of wait and see.by edramlan113