AbuOthman2020

AbuOthman2020

FCPO market on 9 December 2024 reinforced its bullish trajectory, offering opportunities for both swing and intraday traders. With strong support levels holding firm and visible resistance zones being tested, tomorrow’s trading session could provide high-probability setups. By leveraging technical analysis and adhering to sound risk management principles, traders...

AbuOthman2020

FCPO market on 4 December 2024 demonstrated exceptional bullish strength, with price action aligning across all major timeframes. From the daily trend’s continuation to the 1-hour breakout above key resistance and the 5-minute intraday momentum, today’s market was a masterclass in bullish technical analysis. The underlying news of tightening supply and positive...

AbuOthman2020

1. The FCPO market on 2 December remained bullish but faced strong resistance at key levels. 2. Intraday and swing traders should watch price action around the resistance for breakout signals. 3. Tomorrow’s strategy involves careful monitoring of technical levels and disciplined risk management. Read full analysis from Master FCPO Trading website.

AbuOthman2020

Bullish Trend Remains Intact Despite Resistance: The FCPO market maintains a strong bullish trend on the daily chart, with retracements providing potential entry opportunities for swing traders. However, the market is encountering an invisible resistance level, suggesting a temporary pullback. Consolidation Signals Market Pause: Both the 1-hour and 5-minute...

AbuOthman2020

FCPO market on 28 November 2024 showcased remarkable bullish momentum across daily, hourly, and intraday charts. Buyers dominated the market, supported by favorable technical setups and macroeconomic tailwinds. As the market approaches critical resistance levels, traders should remain vigilant. Intraday participants can capitalize on clear support levels, while...

AbuOthman2020

FCPO market on 26 November delivered a clear message: the bulls are in charge. From the daily timeframe's support zone validation to the intraday chart's steady breakout, all technical signals point to continued upside potential. That said, the market never moves in a straight line. Traders should remain agile, using technical levels like the CPR pivot zone and...

AbuOthman2020

FCPO market on 25 November 2024 highlighted a transitional phase. The daily timeframe's bullish trend is now facing resistance, while hourly and intraday charts reflect consolidation. While today's session lacked strong directional cues, this could pave the way for more significant movements in the days to come. As traders, it’s crucial to adapt strategies to...

AbuOthman2020

Bearish Momentum Across All Timeframes The FCPO market on 22 November 2024 exhibited strong bearish control across daily, hourly, and intraday charts. Breakdowns below key support levels and rejections at resistance zones highlight sellers' dominance. Swing and Intraday Strategies Favor Short Positions The technical analysis supports a short-selling approach,...

AbuOthman2020

The FCPO market on 21 November 2024 highlighted the intricate dance between trend-following strategies and counter-trend opportunities. While the daily chart hints at a pivotal moment for the broader trend, the hourly and 5-minute charts revealed the nuanced dynamics of intraday reversals. As we gear up for tomorrow, staying vigilant around support and resistance...

AbuOthman2020

Today’s FCPO market action underscored the importance of aligning with the dominant trend across timeframes. While the daily chart remains in a bullish structure, shorter timeframes paint a bearish picture, suggesting caution for swing traders and opportunities for intraday sellers. As we move into tomorrow, traders should remain agile, focusing on pivotal levels...

AbuOthman2020

The FCPO market on 19 November 2024 was a blend of technical corrections and fundamental influences. The daily timeframe highlights overbought conditions, with the market testing support levels. The 1-hour chart illustrates a pullback at mid-term levels, balancing between support and resistance. Lastly, the 5-minute timeframe shows how intraday traders navigated a...

AbuOthman2020

Today’s FCPO market reflects a complex interplay between technical trends and fundamental factors. On the daily timeframe, the market's overbought condition and contract transition phase signal indecision. Meanwhile, the 1-hour chart confirms a mid-term pullback, and the 5-minute chart reveals bearish control over intraday movements. For tomorrow, swing traders...

AbuOthman2020

FCPO market demonstrated strength on November 15, 2024, across all major timeframes. The Daily chart shows a completed pullback with signs of bullish continuation, even as RSI approaches overbought levels. The 1-hour chart highlights robust support from moving averages and a confirmed CPR pivot, which bolstered intraday buying confidence. Finally, the 5-minute...

AbuOthman2020

FCPO market on 14 November 2024 demonstrates a strong bullish trend with minor consolidation phases across multiple timeframes. The daily chart suggests potential overbought conditions, but the bullish momentum remains intact. On the 1-hour chart, dynamic support from the moving average ribbon reinforces this trend, though CPR resistance warrants caution. The...

AbuOthman2020

In summary, the FCPO market on 13 November 2024 presents a mixed technical landscape: Daily Chart: Overbought with sellers in control; potential pullback. 1-Hour Chart: Bearish sentiment below CPR with dynamic support at the MA ribbon. 5-Minute Chart: Oversold indicators suggest a possible intraday bounce, but caution is warranted. Overall, traders should...

AbuOthman2020

Today's FCPO market displayed resilience amidst mixed signals. With reduced stock levels and higher exports fueling optimism, technical indicators now suggest a potential consolidation before the next big move. Swing traders should aim to capitalize on pullbacks, while intraday traders can look for high-probability entries on breakouts or rejections at key...

AbuOthman2020

FCPO market on 11 November 2024 reflected a blend of bullish technical patterns and supportive fundamentals. The decline in Malaysia's October palm oil stocks adds to the bullish case, reinforcing the idea that supply concerns could keep prices elevated. The daily chart’s uptrend remains intact, though the 5,200 level continues to act as a formidable resistance...

AbuOthman2020

The FCPO market on 8 November 2024 exhibited sustained bullish momentum across multiple timeframes, driven by robust demand expectations from Indonesia’s biodiesel policy, supportive global edible oil prices, and resilient technical levels. The daily chart reflects strong upward trends, despite an overbought reading, while the 1-hour and 5-minute charts align with...