FCPO Outlook (9-13 July 2012)

Saturday, July 7, 2012

Daily Chart

Weekly Chart

Hi all FCPO traders,
hopefully all of you managed to catch the BULL move last week. Anda kaya & berjaya!

Trading outlook for next week.
On Weekly Candle - V shape appeared,however still below my flexi support & resistance i.e MA 26.
On Daily Chart - Double top appeared last thursday & friday (see chart). Break that resistance, we might see price moving up and up. Otherwise, we shall see BEAR camp coming back to market.
However, please do not panic. Trade based on your own trading plan and system. Free up your mind. May the Momentum be on your side.

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