HAIDOJO_trading

FCPO TRADING: 143) A POSSIBLE DEEP BULLISH GARTLEY PATTERN

Long
MYX:FCPO1!   Crude Palm Oil Futures
hi, this is haidojo trading and the number is 143...consolidation breeds advanced patterns...likewise, now we might face a possible deep bullish gartley pattern...it is compatible with the formation of the "neckline" in my previous analyst...don't aim high on this one...even if it works, it will just rise back mildly...not that kind you wanto hold for swing trade...nor mid-term period...
for the bullish gartley pattern, buying range frm 2650-2560...Stop-loss below that range...tp 2685...no extended target...

higher resistance : 2750

immediate resistance : 2710

lower support : 2560-2605 the possible neckline for "head-and-shoulder"

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: this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds…DON’T LOSE MONEY THAT YOU CANNOT AFFORD…any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING. It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!

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Comment:
buying range is 2560-2605...SL somewhr at 2550...

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