Wyckoffian336

FCPO finding bottom & Timeframe phase via Gann Fan & Elliot Wave

Wyckoffian336 Updated   
MYX:FCPO1!   Crude Palm Oil Futures
Testing Gann Fan theory to Futures Crude Palm Oil (FCPO) current outlook, positioning within 1930 support line as well a married with Fiboanacci Sequence and Elliot Wave theory to find the bottom.

Breaking the crucial support would mean the worst possible position since post GFC 2008.
Comment:
Looking good for rebound prospect, downtrend line have to be broken first to confirm, and best confirm when it breaks the Gann 1/1 line.
Comment:
Gann 1/2 broken, downtrend is done for now, support price achieved & confirmed.
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