Sorry for not updating here regularly. With the new technology of Telegram, I frequently update the trade progress there with my trading partners (my students).
Nevertheless, here you are. Latest update on FCPO market
Daily Chart FCPO
- Market Structure - Daily. Breaks last LH. (Bull bias)
- Resistance 2404 become support now.
- Potential pullback before resume trending up?
- EMA trendline sloping up (bull bias)
Weekly Chart
- Structure - still Bearish with potential pullback to fibo area 61%
- Candlestick - Bullish- remain bullish until bearish candlestick engulf the whole scenario for us to reverse.
- Next resistance area (immediate) at 2470-2490
Happy trading. Happy hunting. Good Luck.
Ma
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