Price is expected to make a move up to 1890 level before retracing down to 1800 level before resuming the move up.
FCPO 5 Min TF Short Term Triangle Possibility. It may however retest the low. Provided it is not broken, it should move swiftly up from then on.
FCPO 5Min TF Possible break of ascending triangle. Normally a triangle will break out of its flat side.
Price may be moving up as retracement to the highlighted pink area above.
Price broke 4490 thus initiating a possible 5th wave. Target being the pink area below.
Retracement up before continuing lower. Target, pink area above.
FCPO Retracement up on the 2nd leg up to the pink area may occur. Expecting price to bounce off the gap area before moving up.
The immediate short term target for a 5 minute timeframe for FCPO should see price go lower to the pink area marked on the chart.
Possible Outcome. Nothing is certain. Movements that will take days or months.
This is the possible unfolding of FCPO in the days to come. Or it could be totally wrong. Good luck.