Crude Palm Oil Futures
Long
Updated

FCPO short term target

99
snapshot
Wave 3 achieved the 2.618 target. Wave 5 possible to peak at 2575 area.
Note
snapshot wave 5 top at 2568 instead of at 2575. Bearish divergence appeared when price stalled at 2568. Bearish candle signal also appeared.

1. price reach SnR
2. Divergence
3. Candle signal
4. Wave count adhere to elliott rules.

= high potential for reversal. Happy trading :)

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