ArifHasbollah

FCPO 15 Feb 2023 : Uptrend continuation?

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. Price reject mid-channel and retest lower channel. If the channel is still intact, high chance to continue the uptrend.
2. Market structure: Buy market structure is still intact unless the price breaks the 3906 level.
3. Price still plays around supply zone
4. Price reject EMA50 at 30min TF.

New contract
15min :

5min :
Price in sideway mode but uptrend still intact
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