FCPO TRADING : 319) new era of 6k
this is haidojo and the number is 319 ...
Yesterday, 24th Feb22 marked the darkest hour in history as Russia engaged a massive full-attack on Ukraine and this triggered fcpo-may to peak at its highest at 6470! The highest price ever in the history, so far. At the time as I wrote this, fcpo-may is facing a hard profit-taking activities and plunged into 6140 region ald...So, if I were to trade, I shall temporarily go for "short" after the event of war but fcpo-may is still in the uptrend for the medium to long-term. Until further support levels are broken. It is still unsure if the event of Russia-Ukraine war outbreak will contain in the North region only or the malicious arm of war conflicts would spread to other parts of the world if NATO or the allies seek retaliation.
Thus, back to technical price, fcpo-may seeks the nearest support levels ranged frm 5980-6090, the next proceeding levels range frm 5700-5778 and the strong support and critical support range frm 5380-5500. See if those levels are broken, then we might have encountered some reversal of trend.
That's all for the update today.
*plan your trade and trade your plan... gud luck*
resistance : 6340-6470 (NSH and also new historical high)
support : 5980-6090
lower support : 5700-5778
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , cryptos, warrants, CFDs, spreads, options 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!
Yesterday, 24th Feb22 marked the darkest hour in history as Russia engaged a massive full-attack on Ukraine and this triggered fcpo-may to peak at its highest at 6470! The highest price ever in the history, so far. At the time as I wrote this, fcpo-may is facing a hard profit-taking activities and plunged into 6140 region ald...So, if I were to trade, I shall temporarily go for "short" after the event of war but fcpo-may is still in the uptrend for the medium to long-term. Until further support levels are broken. It is still unsure if the event of Russia-Ukraine war outbreak will contain in the North region only or the malicious arm of war conflicts would spread to other parts of the world if NATO or the allies seek retaliation.
Thus, back to technical price, fcpo-may seeks the nearest support levels ranged frm 5980-6090, the next proceeding levels range frm 5700-5778 and the strong support and critical support range frm 5380-5500. See if those levels are broken, then we might have encountered some reversal of trend.
That's all for the update today.
*plan your trade and trade your plan... gud luck*
resistance : 6340-6470 (NSH and also new historical high)
support : 5980-6090
lower support : 5700-5778
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures , cryptos, warrants, CFDs, spreads, options 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!
Comment:
pray hard for Ukraine...may peace comes at once...
