Fcpo!
22/06/2021 FCPO ELLIOTT WAVE ANALYSISHi Traders!
Nothing new for FCPO, as for yesterday trading session, we can see a ranging price action, no clear movement and clear structure.
Most likely we are in WAVE 4 phase where profit taking activities is take place.
My trading idea is still the same for wave 4, stay away is the best strategy.
Happy trading!
TRADE #1: FCPO WAVE 5 BEARISH TRADE SETUPHi traders,
We spot an opportunity to rejoin the bearish movement for final leg wave 5.
Here is the setup.
FCPOQ2021 (AUG 2021 Contract)
Sell stop @ 3410
Stop loss @ 3545
TP @ OPEN
Size = 1 Lot.
CONDITION:
1. Cancel order if price break SL level.
Trade At Your Own Risk