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WAITING FOR BULLISH MOMENTUM TO WEAK AT WATCHING ZONE
Crude Palm Oil Futures
WAITING FOR BULLISH MOMENTUM TO WEAK AT WATCHING ZONE
By vinnhaziq
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Apr 29
3
Apr 29
For FCPO, I anticipated that the current movement might react to the identified Fair Value Gap sell zone.
Thus, as an initial confirmation, the expectation for the current bullish movement to be offset by a bearish movement must occur.
You should be aware that a Bullish Candle movement can only be negated by a Bearish Candle, and vice versa.
Hope this helps. Don't forget to follow.
Trend Analysis
vinnhaziq
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