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FCPO 14 Oct 2021 : Break EMA50 and price sideway
Crude Palm Oil Futures
FCPO 14 Oct 2021 : Break EMA50 and price sideway
By ArifHasbollah
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Updated
Oct 15, 2021
3
Cheer
Cheer
Oct 14, 2021
1. Yesterday price able to make a new ATH with a valid breakout
Trading Plan :
1. Setup : Price cross EMA50 indicates price might be downtrend or sideway.
2. Signal : Rejection @ 15min
3. Confirmation: Bullish engulfing
4. Entry: 50% of bullish engulfing
6. SL: 10tick below recent rejection
7. TP is subjective
Oct 15, 2021
Comment
Price sideway and biased towards downside
Oct 15, 2021
Comment
fcpo
fcpomalaysia
Technical Indicators
Trend Analysis
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