ArifHasbollah

FCPO Possible Towards RM5113 by Wyckoff

Long
MYX:FCPO1!   Crude Palm Oil Futures
1. Re-accumulation phase seems completed with price break ATH.
2. Next phase is the mark-up phase.
3. PnF target TP is around 5113.
4. Fibo Extension 1.0 and 1.618 are nearest TP.

Watch for the upper channel. The price might be stopped and fall down again.
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