Crude Palm Kernel Oil FuturesCrude Palm Kernel Oil FuturesCrude Palm Kernel Oil Futures

Crude Palm Kernel Oil Futures

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Crude Palm Kernel Oil Futures forum


FCPO1!
MY HARD LEARN
1) When first breakout especially after compression dont SELL straight away
2) Look for pullback
3) Enter after break first candle

its to avoid fakey movement
1) if fakey happen, close strong candle, wait second candle, if close above breakout candle..straight join the flow...if show weakness wait for pullback and other strong candle to break bo candle

FCPO1! Palm oil price will be going toward 3500 Ringgit after break 3765 Ringgit support. If Asian tension lingering, we will see the price toward 3200 Ringgit.. US soybean oil price also down trend. possible Price will come near $44.

FCPO1! Palm oil price will be settle here for now..Next few days price will be going for some high because of Soybean oil price wil trade in range.


FCPO1! Weakening sell volume at support H1/H4/D. Potential long to above bearish engulfing resistance. Or next resistance.
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FCPO1! Strong sell M30/H1 on previous bearish move. Sell at when price retrace to H1/H4 resistance.
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FCPO1! Buyer getting stronger - break resistance with substantial volume. Potential Resistance becomes support (RBS).
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FCPO1! Price at resistance of upper channel line + buyer volume diminishing. Thats it!
Snapshot