Looks like that CPO price break the resistance 2632 and close above it today.
Elliot wave wise, we are in the midst of wave 3 (refer picture). Target for wave 3 is 2826.
I'm in Long position from 2566; 2615; 2630. Will try to ride this.
Big resistance (gap) as shown in red rectangle, which I expect to be tested and close by this week or early next week.
Happy trading to all.
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