For the whole week, we saw a big gap and drop of CPO price from 2530 to 2367 (end of week).
This week, we might see some correction in price. Rebound from Soy oil also will support the correction. We might see the gap up in Monday.
My opinion, if I want to BUY, I'll buy and take profit fast i.e 10-15 pts. I'll try to SELL on Rally.
Trade what you see guys.
TAYOR.
P/s - You need to decide and timing your action to take position in trading accordingly.
weekly chart
hourly chart
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