simple method trade fcpo long or shorthi, all..
for trade fcpo u can use 2 indi.. rsi and smart money. just follow the rules. if rsi going down ur targert is short. when rsi going up. just buy long.
FCPO1! trade ideas
FCPO1! OKAY2 LAST CHANCE TO FLY A BITHi, how are guys doing? my long term view is still bearish. im looking to long until price takes the liquidity above recent double top.
ZL (soybean oil) also have a bit more room to go before making a correction / trend change
FCPO THIS MIGHT BE THE TOPlevel is only based on my fibo numbers. as usual. i will be looking for market structure shift with inducement / liquidity sweep to enter short position. the final target may take 2 month to reach if all goes well
Potential FCPO make wave 5MYX:FCPO1! Is making zigzag correction wave c at tf 1D. From tf 4H seem like making wave 4 of motive wave. Correction wave have Predicted to make wave 5 of EW tomorrow. Wave 4 Normally retract to 0.38 fibo from wave 3. Waiting for wave to complete 5 wave in tf1min and ready to long
FCPO will look for longs until hit target.will look for long if given the opportunities. next week maybe we will see major bullish move. and will short at given fibonacci resistance.
FCPO UP AND DOWNmight take 1 week to play out the up move. then we look for change of market structure and we short it
Plan to short FCPO My plan is to short FCPO this morning unless the market opens and breaks LH or makes a new LL this trading idea is invalid...
FCPO! IDEA BASED ON FIBOjust some simple idea based on my fibo numbers.. make sure to have a clear set of rules before enter
SND KEYLEVEL ACT TO SMALL TF BUY@SELL SIGNALSupply & demand is the key to limiting the distance of price movement and
as a projection to correction and price reflection.
Combined with trend gauges such as EMA and overbought/oversold
also makes the position stronger/regular.
HOW TO SET UP FIBONACCI KEYLEVEL GCOV5 SETTING INPUT
Application of PIVOT POINT ( PP gray) and combined of 2 set Fibonacci keylevel
>5min chart timeframe
Plan to short FCPOMy plan is to short FCPO...will find a short position if HL H4 breaks and has a doubles or triples top pattern...but if the market breaks R2@3813 with a big bullish candle I will try to find a buy position till reach Z2
FCPO : Short Term BullishWeekly : Sideways
Daily : Large Bullish Candlestick
4H : Bullish Structure
Setup is invalid once break previous swing low in 4H timeframe.
Target price around 3970 - 4000
FCPO : Short Term BullishWeekly : Sideway
Daily / 4H : Bullish
Setup Invalid once break previous swing low in 4H TF.
Suggested TP : 3980 - 4000
Potential Resistance area to short back FCPOI see the price can go up till Z@R1 or R2 before can short back FCPO
Crude Plam Oil's Before/After & Future "path". 13/June/23Crude Palm Oil Future price still "running" its price toward 2270 +/-. After 1 ++ year (7/March/2022)..
CPO crude palm oil updated. 7/Mar/22Both “oils” Brent and palm take caution! Beware of the palm tree can’t “grow much” as it’s almost hitting “ceiling height”! “Possible a “bull trap”!
Divergence strategy is very rare but powerful & strenghCRUDE PALM OIL(FCPO)
Reflection of the 5-day Regular Divergence signal by TCD oscillator
The result = 100%.
Let’s check it out here…
here we go…
1st week, FCPO, 5m
2nd week(Monday blues), FCPO, 5m
FCPO : Waiting for Selling OpportunitiesFCPO tends for bearish setup for upcoming weeks.
Bearish is confirmed once get break out of nearest previous swing low on 1H TF.
Bearish setup is invalid once price break previous swing high on 4H TF.
FCPO LOOKING FOR ANOTHER SHORT AFTER A REBOUNDprice make a lower low and made a pullback.. looking for shorts with change of structure on lower TF.. long time snr has not been tested yet. will look for TP at around 3032
FCPO 1HR OTW CREATING NEW LOWoverall trend bearish. looking for shorts around 3570-3600. target lowest point 3237. estimate around 2 weeks to play out direction (red arrow)
FCPO still in bearish biasFCPO still below 200 day EMA
Short position.with SL above recent high and TP at the last low. Risk to reward ratio 1:3
Palm Oil Near its Bottom Range
The palm oil market on Bursa Malaysia has been range-bound, fluctuating between 4,400 and 3,250 ringgits since July 22nd. Currently trading near the lower end at 3,393 ringgits, there are indications of bullish divergence, suggesting a potential upward move. The breakout from the triangle at 3,900 ringgits led to a decline towards the bottom range of 3,250-3,200 ringgits ($850). Traders should monitor for bullish signs and consider the market dynamics for potential price reversal
