Crude Palm Oil Futures
Short
Updated

FCPO: Discretionary Trade

- Did a discretionary trade based on SO bar at 15:49.
- Price broke the 200MA and the 20/40MA is closing.
- At 16:03, Green Pentagon appears with price on Upbar. Exit the trade on the next bar with a small profit.
Note
- Price eventually go lower. This means price test the previous Support area before coming down.
- If hold the trade, price would hit TP 8 minutes later at 16:12.

Disclaimer