FCPO1! trade ideas
FCPO FCPO finished the job on 19 Nov, but it's not fit the MM's pattern, expecting there is second head within this month
FCPO related stock can buy in after FCPO break new high, based on last year, the correlation is not so sensitive
Dec02: FCPO (1D) - Bullish Flag Target Pointing to 3.6-3.7k 🐮CPO price consolidated past 1-2weeks, forming a nice launchpad towards higher price levels -- Bullish Flag pattern. 🚀🚀
Price still running in a mid-term up-channel, with an upside target zone: 3.5-3.6k & 3.7k ; similar to which suggested by the flag.
🔔 Overhead Resistance: 3.4k, 3.5k, 3.6k, 3.7-3.8k
❇️Prev idea still largely intact, only now with added bullishness from potential flag formation.
❇️❇️Longterm Outlook: R1 standing, Heading to R2
In long position for cpo, likely to be my closing trade for yr2020 local futures~ 😎⭐️
Happy Hunting! 🥂🚀
-jk-
FCPO TRADING : 227) still on persistent uptrendthis is haidojo and the number is 227 ...
sideway market and it is totally reasonable since it is coming to the end of the year...
with celebration and new resolution coming, there is less and less volume in the trades...so sideway market for both fcpo and
probably fkli too...haiz...
Overall, fcpo-feb is still in uptrend...maybe slowly glides up...
watch out for critical levels or even better....stay away and don't trade...
*plan your trade and trade your plan... gud luck*
higher resistance : 3414-3450 (bull resumes its momentum abv this level)
temporary support : 3280
critical support : 3150- 3210 (bear comes below this level)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
FCPO - Bearish 5-0A potential to go short with a bearish harmonic 5-0 type-II setup. Higher probability for the price of fcpo to go south if it stayed below the red dash TL with a target price of 3163.
fcpo still bullish after gartley pattern establishedfcpo is likely to rise after gartley bullish harmonic pattern form
target 3476
trade on your own risk
FCPO Prediction 27 Nov 2020This is the possible unfolding of FCPO in the days to come. Or it could be totally wrong. Good luck.
