HAIDOJO_trading

FCPO TRADING : 97) BULL TRAP = FALSE BREAKOUT

Long
MYX:FCPO1!   Crude Palm Oil Futures
HI, this is haidojo trading in trade 97)...juz little update connecting the mid-day...as long as the support level at 2625 is not broken, uptrend persists...but what had happened early in the morning was something typical, yeah...it is called a false breakout...if you trade breakout, then this is somethg u shall pay attention to, if not, juz remember losing is part of the games..."market has the tendency to do whatever it wants, whenever it wants"...we as a trader can onli pick up the time when we have some edge over the market...that's all...

overhead resistance : 2690-2700 (psychological number)

higher resistance : 2760...

support : 2625-2630...

lower support : 2560

WARNING : this is juz a trading idea...trade at your own risk!


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