Crude Palm Oil Futures

FCPO Short Term 5min Timeframe

Updated

FCPO Retracement up on the 2nd leg up to the pink area may occur.
Expecting price to bounce off the gap area before moving up.

Note

One thing about FCPO are the gaps. Gaps really screw things up. Ideally the analysis should only be done after opening hour in FCPO due to its infamous gaps.

Note

The target is still valid if it does not break below 4490

Note

Prediction failed.

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