HAIDOJO_trading

FCPO TRADING : 207) possible formation of Double-top

MYX:FCPO1!   Crude Palm Oil Futures
this is haidojo and the number is 207 ...

a possible double-top formation ...fcpo-jan has gone into the selling region of 3070-3130...
another thing to watch out is...a possible formation of rounding top...this is supported by earlier price movement such as
when one of the critical supports 2980 was already broken...let's see if price could fall back to 2900...
if the price moves higher than 3130, then is it confirmed that uptrend persists...

higher resistance : 3200

strong resistance : 3070-3130 (abv this level is fastlane; crazy bull)

immediate support : 3020

lower support : 2900

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