Get started
Crude Palm Oil FuturesCrude Palm Oil FuturesCrude Palm Oil Futures

Crude Palm Oil Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Forward curve Seasonals Contracts

FCPO1! trade ideas

FCPO - Bearish flag pattern breakoutComment : 1) FCPO is forming a bearish flag pattern in a downtrend since the peak in May 2022. This pattern is expecting a further movement down at the end of the flag. 2) The condition of a bearish flag including associate with descending trading volume during flag is forming. Eventually, FCPO has breakout below the low of the lower channel on 1st Sept. Support & Resistance: R : Resistance A S : Supporting B & 2125 DISCLAIMER : Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
MYX:FCPO1!Short
by TheWinningDay
Direction of FCPO #5As you guys can see, it is what we predict from previous our chart analysis. It is following the direction that I have been showed. So now lets see either the market can rebound and go up towards the strong resistance ( yellow box ) or it will continue downwards. Besides that, do not neglect that we can see there is a form of pattern have shown which is Head And Shoulder ( HNS ), same goes to this concept, have to break the neckline, and then we can make decision where is the direction of the market. We will see tomorrow to see what market brings to us.
MYX:FCPO1!
by Karkoon
Direction of FCPO #4As we looked at the previous our TA chart. it seems that the market still can't break the resistance. But we will see on Monday, does the market will try to break the resistance or it will break the parallel channel. We have been waiting for market move from outside the parallel channel, so that we can have a better direction on short or long. But even now, we can see that the price can't break through that resistance on orange color that i have draw. the market already try to break the price so many times but still failed. so we are waiting for the price break the parallel channel. then we can have a clear direction. In a smaller time frame like 5m / 15m / 30m, if the market open and try to break the resistance, wait for the break out. if still can't break the resistance. then can focus short until parallel channel. wait for the break support. and then can continue find setup for short Remember, always entry with setup. Or else, u are in gambling industry. Happy Trade!
MYX:FCPO1!
by Karkoon
Bullish for Malaysian Crude Palm Oil Hello there. This is what i found in the harmonic trading perspective in a close up market. 1. Bullish harmonic pattern which indicates the sign of reversal in opposite. 2. Expectation of price to do reversal in the area of RM4286-RM4577 Worst case scenario, it will move downwards up to RM3000-RM3600. In addition, let me add up some "spices" When the harmonic traders decided to make a decision within the extraction of reversal area. They must also decide to put their "optimal price" as their backup plan to avoid losing all of their money. Which is im going to share with you guys of how harmonic trading could help us by making a complete decision(EP,TP,SL) And also, always remember that the market doesn't favor with your decision as well all the time. So trade safe & control the risk. This is just an idea for you to analyze. Please stay safe, control your capital & trade at your own risk.
MYX:FCPO1!Long
by zhafrihandsome
FCPO TRADING : 330) bracketing market this is haidojo and the number is 330... First half of July month, it was a downtrend. Frm the low of 3500, it rebounded to the 1st high at 4080, then another round of selling to hit 3636-3700, another rebound came and hit higher at 4310 at the end of JUly, which is exactly the same high as the previous high at 4300...now, we wait for breakout of either side to confirm the trend...IF it breaks abv the high of 4300 and creates higher-high, THEN new uptrend has emerged. IF it falls below the current support of 3600-3700, THEN the price will fall further and recent rebound is a false alarm. **plan your trade and trade your plan... gud luck** resistance : 4240-4340 current support : 3500-3600 WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , cryptos, warrants, CFDs, spreads, options or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only …this is not a signal service channel and DON'T TREAT IT LIKE ONE! TRADE AT YOUR OWN RISK!
MYX:FCPO1!
by HAIDOJO_trading