FCPO1! trade ideas
Bullish 5-0 for Crude Palm OilHello guys, it has been awhile since my last published. For the not-so medium run.... this is what i have found.
1. Bullish 5-0 harmonic pattern which indicates the probability of the price to go as what i have plotted with the arrow.
So they are many decisions here to make. Either to wait at the above or to wait at the bottom or....... to buy on breakout or sell on breakout.
Hope this idea at least helps you to get some ideas on your own trade. But please, do your own analysis before anything.
This is not sell/buy signal, just an idea and please trade at your own risk.
All the best !
22/06/2021 FCPO ELLIOTT WAVE ANALYSISHi Traders!
Nothing new for FCPO, as for yesterday trading session, we can see a ranging price action, no clear movement and clear structure.
Most likely we are in WAVE 4 phase where profit taking activities is take place.
My trading idea is still the same for wave 4, stay away is the best strategy.
Happy trading!
