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FXCruZaDer82
2020년 5월 28일 오후 1시 59분

FCPO - Bearish Shark 

Crude Palm Oil FuturesMYX

설명

FCPO has been overbought & completed a bearish shark pattern in the 1 hour time frame. As the current price, which is still hovering in the PRZ (RM 2316 - RM 2230). What I've been looking is awaiting the price to break the dash support TL to go for short.

If the price do respect the projection, i shall pay attention to the 1st Target Price (RM 2096) a possibility to form a bullish harmonic pattern of 5-0.

Entry: Afte the price breaks dash support TL.
TP1 : RM 2096
TP2 : RM 1975
Stops: slightly above RM 2316

Generally in larger TF (E.g H4 & Daily), a bullish harmonic pattern formed which currently overpriced and would expect some pullback in low TF.

I'll look forward to price action reacts to the projection above.

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muhammadhazim201334
Sir what is HOP H1 stand for ?
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