Search in ideas for "FCPO"
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
FCPO Week 12 2024 - bull taking control.FCPO is making a push higher. Still with bullish view unless shown otherwise. As price didn’t go in a straight line, it is expected that it might retrace a bit towards 4200 area (this is also the area to look for entry to go LONG) to fill up the gap before making another bullish push. If this happens next week, then another leg higher should target the previous high and eventually target the 4425 area.
FCPO WEEK 45 2024: BULLISH.FCPO is bullish. However it starts to look heavy and overbought. Waiting for a retracement lower might be a good idea before committing. If the retracement holds and creates a support area then there is good probability that FCPO will move higher and possibly creating a new higher high above 5000.
FCPO Week 17 2024 - Going lower?FCPO looks heavy. The drop might not ended yet but there might be a retracement higher. At this current level standing aside might be a good idea. Monday price action might be a good indicator on where price will go this week. Stand aside for now until new signal emerges.
FCPO bullish.FCPO is bullish however whether it will continue bullish will depends on the price action at the start of next week. It might push back towards 3870 area before making another push higher to the 4240 area.
FCPO Week 20 2024 - Bearish.FCPO retraced but didn't go as far as expected. It's showing a bearish price action since middle of the week. For next week it is expected that bearish price action to continue. Shorting it will target the area of 3745 and 3721 as potential TP.
FCPO Week 19 2024 - Retracement higher?FCPO is consolidating. It is bearish however some retracement is expected. A retracement would perhaps target the 3945 to 3965 area though there is a few resistance that price need to overcome.
FCPO Week 17 2024 - Bearish?FCPO might have shifted bearish. However for next week, there is a possibility that it might bounce higher. Price is expected to target 4090 area and possibly higher above 4100 area. From there it is expected that price to continue lower depending on the price action next week.
FCPO - LONG to target 4247.FCPO is to go higher. Strong bullish push towards a target of 4247 to its way to a higher target of 4425.
FCPO 10 Sept 2021 : Break supportFCPO is dynamic..
1. Yesterday's price have a strong bearish movement in the morning session followed by rejection in 15min TF and formed a tweezer bottom at 5min TF.
2. Bullish does not have momentum after 15min TF has a bearish engulfing pattern.
3. Price rejected EMA14 multiple times with a bearish engulfing pattern indicate strong sellers.
4. Today morning price has another significant bearish engulfing and rejected again EMA14.
5. Price break support zone shows strong seller.
The entry :
1. Confirmation price breakout support @ 15min TF.
2. 15min price pullback with rejection CS
3. 5min have a bearish engulfing pattern.
4. Set sell limit order at the open rejection CS of 15min TF.
5. SL set using 1xATR for 5min TF from the last high of rejection CS.
FCPO Week 9 2024 - Still bearish.FCPO is coiling. Price is almost stalling last week. It goes up one day and then it got taken out the next day. So at the end of the week it is more or less moving no where. It might do the same next week within the flag formation. Still with bearish view for price to move to 3720 area which might be the support area before price eventually moving higher. The bullish view will come into picture if price move and close above the flag resistance area.
FCPO Week 8 2024 - BEARISH to target 3721 area.FCPO might see a bearish price action next week. Probably before that there might be a retracement higher toward 3875 area before the move lower to target 3721.
FCPO, LOWER FOR WAVE 3FCPO AUG 2021 CONTRACT
KEY LEVEL = 3831, 3852, 4064
CRITICAL LEVEL = 4260
10.06.2021
Trading below 3852 and 3831 would signal us that wave 3 is in play. Next reasonable target area for wave 3 will be between 127.8% and 161.8% Fibo ratio, 3472-3259 area.
As for today, we will monitor 4064 key level, trading above this level will cancel this wave 3 in 3 setup and price movement above our critical level of 4260 will cancel this setup.
I AM A GOOD TRADER - You only need one affirmation and this is it. Read these words every day until you don't have to read them anymore. =)
FCPO: Hourly EW Count - Aug 29th 2018FCPO hinted that it is ready to dive in after the lower channel was briefly broken on Monday evening. We hope, though, to see it is closed below the harmonic key level @ 2192 to reaffirm its bearish posture. To reflect the current development, alternate count (green) is included.
Primary count (black)
Our view remains the same; a new high around 2265 - 2278 is still possible in order to complete wave (e) of (4).
Alternate count (green)
Wave (ii) of (5) is likely to further develop into a flat correction but is restricted to a regular flat as the upper limit of the flat correction will be capped by 2265 (EW invalidation).
Bear in mind, throughout the previous session, FCPO did not manage to close above the harmonic key level @ 2235. It may signifies that the bull run will be short lived and it may continue its journey to the next demand zone (2164 - 2180).
We will see what market offers us today. #analysis #29Aug18
FCPO: Hourly EW Count - Aug 9th 2018FCPO has reached the extreme upper channel (dotted) at 2265 price level during previous session and is expected to make its way downwards. That being said, we cannot rule out that the correction phase is not over yet. On hourly chart, we can see a possible A-B-C-D-E triangle, governed by the red lines, is currently forming. If price manages to cross below the 2210 - 2220 area (breaking the previous low structure and breaking the lower red line) and slip past the 2175 - 2190, we can assume that bearish momentum starts to gain the upper hand.
Today, FCPO may move in a range-bound as everyone is eagerly waiting for MPOB report to be released tomorrow afternoon. We will see whether the report can give the heavy lifting for the downtrend.
fcpo in euphoriaFcpo in euphoria state. Continuation of uptrend after consolidation for few days. 3046 is recent resistance
FCPO 09.06.2021FCPO AUG 2021 CONTRACT
KEY LEVEL = 3913,4166
CRITICAL LEVEL = 4468
09.06.2021
Expecting wave C of 2 toward 4336 area if price move above our key level 4166.
Breaking below 3913 and 3852 will strengthen the idea of wave 3 is in play.
My personal opinion, as long price is below our critical level 4468, the force is strong with the bear.
Embrace probabilities: Trading is all about probability, never certainty.
FCPO just completed it's corrective wave A=CFCPO just completed corrective wave ABC which A=C
What's direction on next? since first breakout just done !
Is all about elliott wave analysis
✅ naked chart analysis, ❌ indicator
(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
